LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
 
May 6, 2017

TO:
Honorable Larry Taylor, Chair, Senate Committee on Education
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
SB1605 by Creighton (Relating to the availability of certain school district financial information on certain districts ’ Internet websites.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would require the 50 school districts with the highest enrollments to maintain certain financial information on their Internet websites, including: total expenditures, total revenue, budget, a visualization chart, and a transaction register for each checking account.

The bill would take effect September 1, 2017.

Local Government Impact

TEA estimates some school districts would need to hire at least one FTE to compile the information, create an electronic searchable format, a visualization chart, and to maintain the posted information. TEA estimates that half of the 50 district would hire an additional employee (budget analyst) at an annual cost of $60,000, which would have annual statewide impact of $1,500,000 ($60,000 x 25 districts).


Source Agencies:
701 Texas Education Agency
LBB Staff:
UP, SL, THo, AM