LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session Revision 1 May 3, 1999 TO: Honorable Royce West, Chair, Senate Committee on Higher Education FROM: John Keel, Director, Legislative Budget Board IN RE: SB1780 by Fraser (Relating to the creation of the high priority program fund to support vocational and technical education), As Introduced ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * SB1780, As Introduced: negative impact of $(4,000,000) through * * the biennium ending August 31, 2001. * * * * The bill would make no appropriation but could provide the legal * * basis for an appropriation of funds to implement the provisions of * * the bill. * ************************************************************************** The Senate version of House Bill1, the appropriation bill, contains a $4 million biennial appropriation of general revenue funds for this program. General Revenue-Related Funds, Five-Year Impact: **************************************************** * Fiscal Year Probable Net Positive/(Negative) * * Impact to General Revenue Related * * Funds * * 2000 $(4,000,000) * * 2001 0 * * 2002 (4,000,000) * * 2003 0 * * 2004 (4,000,000) * **************************************************** All Funds, Five-Year Impact: ***************************************************** * Fiscal Year Probable Savings/(Cost) from * * General Revenue Fund * * 0001 * * 2000 $(4,000,000) * * 2001 0 * * 2002 (4,000,000) * * 2003 0 * * 2004 (4,000,000) * ***************************************************** Fiscal Analysis This bill would authorize the establishment of a fund to support vocational and technical program development at community and technical colleges. The fund would be trusteed to the Coordinating Board and would be awarded to community and technical colleges demonstrating a need for financial assistance to develop a high priority program. Methodology The Senate version of House Bill 1 contains a biennial appropriation of $4 million of general revenue funds for this program. It is assumed that a similar amount would be provided each biennium Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 781 Higher Education Coordinating Board, 304 Comptroller of Public Accounts LBB Staff: JK, CT, LD, DB