TO: | Honorable Bill Ratliff, Chair, Senate Committee on State Affairs |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | SB1675 by Fraser (Relating to the administration of state-federal relations and federal formula grant programs.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | $56,035 |
2005 | $56,035 |
2006 | $56,035 |
2007 | $56,035 |
2008 | $56,035 |
Fiscal Year | Probable Savings from GENERAL REVENUE FUND 1 |
---|---|
2004 | $56,035 |
2005 | $56,035 |
2006 | $56,035 |
2007 | $56,035 |
2008 | $56,035 |
The bill would result in a probable savings to General Revenue of $56,035 per year (including $10,423 of employee retirement, OASI and group insurance) during the period FY 2004 through FY 2009. The bill would also result in the reduction of one FTE from 2004-2005.
The probably savings associated with the bill would occur through the reduction of one FTE associated with indirect administration of the Washington, D.C. office. Elimination of salary, benefits and operating costs associated with the position would result in reduced expenditures. There may be additional expenditure reductions through the elimination of equipment rental costs in the OSFR's Austin office.
Source Agencies: | 301 Office of the Governor, 333 Office of State-Federal Relations
|
LBB Staff: | JK, RR, MS, RG
|