TO: | Honorable Allan Ritter, Chair, House Committee on Economic Development |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1982 by Blake (Relating to the creation and operation of a Texas Certified Retirement Community Program.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | $0 |
2007 | $0 |
2008 | $0 |
2009 | $0 |
2010 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) from GENERAL REVENUE FUND 1 |
Probable Savings/(Cost) from GENERAL REVENUE FUND 1 |
Change in Number of State Employees from FY 2005 |
---|---|---|---|
2006 | $79,059 | ($79,059) | 1.0 |
2007 | $61,966 | ($61,966) | 1.0 |
2008 | $61,966 | ($61,966) | 1.0 |
2009 | $61,966 | ($61,966) | 1.0 |
2010 | $61,966 | ($61,966) | 1.0 |
The cost to administer this program includes the salary of a program coordinator as well as minimal administrative costs in the first year of the program for a total of $79,059 in fiscal year 2006 and $61,966 in subsequent fiscal years.
TDA anticipates that approximately 13 to 15 communities will apply each fiscal year generating approximately $79,059 in fiscal year 2006 and $61,966 in subsequent fiscal years. This estimate assumes that only rural communities will apply to the program. As written, however, the bill does not limit the program to rural communities.
Source Agencies: | 551 Department of Agriculture
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LBB Staff: | JOB, JRO, ZS, JF
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