LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 12, 2001 TO: Honorable Florence Shapiro, Chair, Senate Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: SB642 by Duncan (Relating to the General Services Commission's facilities leasing program.), As Introduced ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * SB642, As Introduced: positive impact of $318,000 through the * * biennium ending August 31, 2003. * * * * The bill would make no appropriation but could provide the legal * * basis for an appropriation of funds to implement the provisions of * * the bill. * ************************************************************************** General Revenue-Related Funds, Five-Year Impact: **************************************************** * Fiscal Year Probable Net Positive/(Negative) * * Impact to General Revenue Related * * Funds * * 2002 $95,000 * * 2003 223,000 * * 2004 223,000 * * 2005 223,000 * * 2006 223,000 * **************************************************** All Funds, Five-Year Impact: *************************************************************************** *Fiscal Probable Revenue Gain/(Loss) Change in Number of State * * Year from General Revenue Fund Employees from FY 2001 * * 0001 * * 2002 $95,000 (2.0) * * 2003 223,000 (5.0) * * 2004 223,000 (5.0) * * 2005 223,000 (5.0) * * 2006 223,000 (5.0) * *************************************************************************** Technology Impact None. Fiscal Analysis This bill would direct the General Services Commission to partner with private brokerage firms for the acquisition of lease space. The General Services Commission would provide an oversight function of any leasing arrangements negotiated by a private brokerage firm. Methodology The Comptroller assumes that by partnering with a private firm, there would be a cost savings to the state by reducing the staffing of the General Services Commission's Facilities Leasing Program. The Facilities Leasing Program's revised duties would be limited to oversight and management functions. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 303 General Services Commission LBB Staff: JK, RB, GS