TO: | Honorable Talmadge Heflin, Chair, House Committee on Appropriations |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB1947 by Flores (Relating to continuation of the self-directed semi-independent agency project.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | ($1,584,109) |
2005 | ($1,584,109) |
2006 | ($1,584,109) |
2007 | ($1,584,109) |
2008 | ($1,584,109) |
Fiscal Year | Probable Revenue Gain/(Loss) fromGENERAL REVENUE FUND 1 |
Probable Savings/(Cost) fromGENERAL REVENUE FUND 1 |
Probable Revenue Gain/(Loss) fromOTHER FUNDS 997 |
Probable Savings/(Cost) fromOTHER FUNDS 997 |
---|---|---|---|---|
2004 | ($8,802,000) | $7,217,891 | $1,208,294 | ($26,766) |
2005 | ($8,802,000) | $7,217,891 | $1,208,294 | ($26,766) |
2006 | ($8,802,000) | $7,217,891 | $1,208,294 | ($26,766) |
2007 | ($8,802,000) | $7,217,891 | $1,208,294 | ($26,766) |
2008 | ($8,802,000) | $7,217,891 | $1,208,294 | ($26,766) |
Fiscal Year | Change in Number of State Employees from FY 2003 |
---|---|
2004 | (83.0) |
2005 | (83.0) |
2006 | (83.0) |
2007 | (83.0) |
2008 | (83.0) |
The bill would extend the Self-Directed Semi-Independent Agency Project Act until September 1, 2009.
The bill would take effect immediately if it receives the required number of votes in both houses of the legislature. Otherwise, the bill would take effect September 1, 2003.
The bill would extend the Self-Directed Semi-Independent Agency Project Act until September 1, 2009 reversing current law that would bring the Board of Public Accountancy, the Board of Architectural Examiners and the Board of Professional Engineers back into the state Treasury and under the Legislative appropriations process.
Using the Comptroller's biennial revenue estimate for 2004-05 and assuming an appropriation level for the three agencies based on an average of the current recommendations from both houses of the Legislature, it is estimated the bill would result in a General Revenue loss of $1.4 million per year.
The State Auditor estimates the continuing cost of audit work required by the Act would be approximately $95,520 per year for the three agencies and require one additional FTE. It is assumed the agencies would pay for the audit services out of fees collected.
The General Services Commission estimates it would collect $179,563 per year in rent from the three agencies.
It is assumed the agencies would continue to contract with the Employees Retirement Service for employee benefits and the General Services Commission for building services.
An estimated $1.8 million in assets would not be returned to the state from the project agencies.
Source Agencies: | 116 Sunset Advisory Commission, 302 Office of the Attorney General, 303 Building and Procurement Commission, 308 State Auditor's Office, 327 Employees Retirement System, 457 Board of Public Accountancy, 459 Board of Architectural Examiners, 460 Board of Professional Engineers, 304 Comptroller of Public Accounts
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LBB Staff: | JK, JO, SD, WP, GO, RT
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