LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 14, 1999 TO: Honorable Teel Bivins, Chair, Senate Committee on Education FROM: John Keel, Director, Legislative Budget Board IN RE: SB1089 by Duncan (Relating to the investment of debt service funds by school districts, junior college districts, and community college districts), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated. * * * * The bill would make no appropriation but could provide the legal * * basis for an appropriation of funds to implement the provisions of * * the bill. * ************************************************************************** Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 352 Bond Review Board, 781 Higher Education Coordinating Board, 701 Texas Education Agency - Administration, 304 Comptroller of Public Accounts LBB Staff: JK, CT