LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session May 11, 2001 TO: Honorable David Sibley, Chair, Senate Committee on Business & Commerce FROM: John Keel, Director, Legislative Budget Board IN RE: HB218 by Wise (Relating to the membership of a local workforce development board.), As Engrossed ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact School districts would incur report dissemination expenses. The bill requires district financial management reports to be disseminated in a manner prescribed by the Commissioner. The Texas Education Agency estimates a total of 5 million copies of these reports at a statewide cost to school districts of $940,000, or somewhat less than $1,000 per district on average. The bill also requires the board of trustees of each school district to give notice of a hearing on the report to owners of real property in the district and to parents of district students. It is assumed that parents could be notified through take-home communications provided to students, and property owners through a public notice issued to local news media. If a board of trustees were to notify all property owners through a postal mailing, local costs could increase significantly. Source Agencies: 701 Texas Education Agency LBB Staff: JK, SD, CT, JM, PF