LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session May 12, 1999 TO: Honorable Frank Madla, Chair, Senate Committee on Intergovernmental Relations FROM: John Keel, Director, Legislative Budget Board IN RE: HB 508 by Wohlgemuth (Relating to interlocal contracts for the construction, improvement, or repair of streets and alleys in municipalities.), Committee Report 2nd House, Substituted ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact Any fiscal implications to local governments resulting from the bill's passage should be positive, since local governments could realize savings by entering into interlocal contracts for infrastructure projects as authorized by the bill. The amount of savings would depend on the conditions of a particular contract. Source Agencies: LBB Staff: JK, TL