LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
April 22, 2005

TO:
Honorable Steve Ogden, Chair, Senate Committee on Finance
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
SB1695 by Duncan (Relating to the amount of the annual constitutional appropriation to certain agencies and institutions of higher education and to the allocation of those funds to those agencies and institutions.), As Introduced



Estimated Two-year Net Impact to General Revenue Related Funds for SB1695, As Introduced: a negative impact of ($175,000,000) through the biennium ending August 31, 2007.



Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2006 ($87,500,000)
2007 ($87,500,000)
2008 ($87,500,000)
2009 ($87,500,000)
2010 ($87,500,000)




Fiscal Year Probable Revenue Gain/(Loss) from
GENERAL REVENUE FUND
1
2006 ($87,500,000)
2007 ($87,500,000)
2008 ($87,500,000)
2009 ($87,500,000)
2010 ($87,500,000)

Fiscal Analysis

The bill would increase the annual constitutional appropriation for the Higher Education Fund by $87,500,000 (from $175,000,000 annually to $262,500,000 annually, or an increase of 50 percent). 

Methodology

The $87,500,000 annual cost to the General Revenue Fund is the amount above current yearly appropriation levels for the Higher Education Fund.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
LBB Staff:
JOB, SD, CT, RT, JAW