LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 31, 2001 TO: Honorable Kip Averitt, Chair, House Committee on Financial Institutions FROM: John Keel, Director, Legislative Budget Board IN RE: HJR81 by Counts (Proposing a constitutional amendment providing for the issuance of additional general obligation bonds by the Texas Water Development Board.), Committee Report 1st House, Substituted ************************************************************************** * No significant fiscal implication to the State is anticipated, * * other than the cost of publication. * * * * The cost to the state for publication of the resolution is $80,000. * ************************************************************************** It is anticipated that the cost of debt service payments for additional bonds that could be issued as a result of the resolution's passage and adoption by voters would be covered by loan repayments from borrowers. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 352 Texas Bond Review Board, 580 Texas Water Development Board LBB Staff: JK, JO, TL