LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

Revision 1

April 11, 2003

TO:	Honorable Kent Grusendorf, Chair, House Committee on Public Education
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2528 by Madden (Relating to the purchase of electricity by a school district through the use of a political subdivision corporation.), As Introduced

No fiscal implication to the State is anticipated, based on analyses by the Texas Education Agency.

Local Government Impact

The Texas Association of School Boards estimates local school districts would save approximately $17 million in annual, utility expenses from enactment of the bill.

Source Agencies:	701 Central Education Agency
LBB Staff:	JK, CT