LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 22, 2001
  
  
          TO:  Honorable Tom Ramsay, Chair, House Committee on County
               Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB2869  by Ramsay (Relating to county financial reporting
               procedures and to the creation of the Texas County
               Financial Data Advisory Committee.), Committee Report
               1st House, Substituted
  
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*  No significant fiscal implication to the State is anticipated.        *
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The bill would require the Comptroller of Public Accounts to adopt a
uniform chart of accounts as soon as practicable after September 1, 2001,
but not later than September 1, 2002.  Counties would have the option of
whether or not to use the chart of accounts.

The bill would also authorize the creation of the Texas County Financial
Data Advisory Committee to study county financial reporting requirements
and systems and make recommendations to the comptroller  and to the
legislature on methods for improving data collections without causing
additional costs to the counties.  Committee members would not be
compensated except for travel expenses incurred while conducting
committee business.  The committee would be allowed to accept gifts,
grants, or donations.
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   304   Comptroller of Public Accounts
LBB Staff:         JK, DB, JC