LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

April 17, 2007

TO:	Honorable Anna Mowery, Chair, House Committee on Land & Resource Management
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2208 by Gallego (Relating to the acquisition by the Parks and Wildlife Department of certain real property in Brewster County owned by the permanent school fund.), As Introduced

Estimated Two-year Net Impact to General Revenue Related Funds for HB2208, As Introduced: an impact of $0 through the biennium ending August 31, 2009.

The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.

General Revenue-Related Funds, Five-Year Impact:

Fiscal Year	Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2008	$0
2009	$0
2010	$0
2011	$0
2012	$0

All Funds, Five-Year Impact:

Fiscal Year	Probable Revenue Gain/(Loss) from PERMANENT SCHOOL FUND 44	Probable Savings/(Cost) from GAME,FISH,WATER SAFETY AC 9
2008	$2,037,630	($2,037,630)
2009	$0	$0
2010	$0	$0
2011	$0	$0
2012	$0	$0

Fiscal Analysis

The bill would require the Texas Parks and Wildlife Department (TPWD) to purchase, contingent on having sufficient appropriated funds, certain real property in Brewster County from the Permanent School Fund  No. 44 (managed by the School Land Board). The Permanent School Fund No. 44 would retain mineral, exploration, and drilling rights to the property. The TPWD would pay compensation to the Permanent School Fund No. 44 based on the weighted average price per acre as agreed by both parties. Under the bill, the property would revert to the Permanent School Fund No. 44 without compensation if the property could no longer be used for its intended purpose.

Methodology

The purchase would expand the Black Gap Wildlife Management Area. According to the TPWD the referenced real property is estimated to have a value of $2,037,630. This estimate assumes that the TPWD would receive an appropriation out of the General Revenue-Dedicated Game Fish and Water Safety Account No. 9 to purchase the property in fiscal year 2007. If no appropriation is made, the bill would have no fiscal impact.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts, 305 General Land Office and Veterans' Land Board, 701 Central Education Agency, 802 Parks and Wildlife Department

LBB Staff:

JOB, WK, UP, TL, KJG