TO: | Honorable Leticia Van de Putte, Chair, Senate Committee on Veteran Affairs & Military Installations |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | SB1838 by Van de Putte (Relating to the transfer of housing funds from the Texas Department of Housing and Community Affairs to the Texas Veterans Commission.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2012 | ($1,188,970) |
2013 | ($1,179,970) |
2014 | ($1,179,970) |
2015 | ($1,179,970) |
2016 | ($1,179,970) |
Fiscal Year | Probable (Cost) from General Revenue Fund 1 |
Change in Number of State Employees from FY 2011 |
---|---|---|
2012 | ($1,188,970) | 3.0 |
2013 | ($1,179,970) | 3.0 |
2014 | ($1,179,970) | 3.0 |
2015 | ($1,179,970) | 3.0 |
2016 | ($1,179,970) | 3.0 |
This bill would amend the Government Code relating to the transfer of the housing funds from the Texas Department of Housing and Community Affairs (TDHCA) to the Texas Veterans Commission (TVC). The bill directs TDHCA to transfer $4 million in each biennium to the TVC for the Veterans Housing Assistance Program. This transfer occurs after $2.6 million of the Housing Trust Fund has been set aside for loans, grants, or other comparable forms of assistance and made available exclusively for local units of government, public housing authorities, and nonprofit organizations.
The bill would take effect immediately upon receiving a two-thirds majority vote in each house. If the bill does not receive a two-thirds vote in each house, the bill would take effect September 1, 2011.
For the purposes of this analysis, information provided by TVC was considered in addition to the estimated $1 million each fiscal year currently expended by TDHCA to adminster the program. This analysis assumes that the $1 million currently being spent by TDHCA would transferred and that an additional $1 million in General Revenue would be required each year under the provisions of the bill. Based on the analysis of TVC, it is assumed the agency would need three additional staff and operating expenses for new staff to implement the provisions of this bill. TVC estimates this cost at $188,970 in FY 2012 and $179,970 in FY 2013 for the following: salaries/benefits/other operating expenses ($158,663 each year); travel ($14,000 each year); rent ($2,000 each year); other operating expenses ($5,607 in 2012 and $4,104 in subsequent years); equipment ($7,500 in FY 2012); and utilities ($1,200 each year).
TVC estimates a one-time technology impact of $7,500 for FY 2012 for start-up costs for three computers and software.
Source Agencies: | 332 Department of Housing and Community Affairs, 403 Veterans Commission
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LBB Staff: | JOB, KM, MW, NV, SD
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