LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION
 
March 8, 2019

TO:
Honorable Jane Nelson, Chair, Senate Committee on Finance
 
FROM:
John McGeady, Assistant Director     Sarah Keyton, Assistant Director
Legislative Budget Board
 
IN RE:
SB500 by Nelson (Relating to making supplemental appropriations and reductions in appropriations and prescribing limitations regarding appropriations.), As Introduced



Estimated Two-year Net Impact to General Revenue Related Funds for SB500, As Introduced: a negative impact of ($1,449,497,694) through the biennium ending August 31, 2021.



Fiscal Year Appropriation out of
General Revenue Fund
1
Appropriation out of
Federal Funds
555
Appropriation out of
Economic Stabilization Fund
599
2019 $1,660,478,853 $2,314,579,012 $2,531,518,464
2020 $0 $0 $0



Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2019 ($1,660,478,853)
2020 $0




Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2019 ($1,660,478,853)
2020 $210,981,159
2021 $0
2022 $0
2023 $0
2024 $0




Fiscal Year Probable Savings from
General Revenue Fund
1
Probable (Cost) from
General Revenue Fund
1
Probable Savings from
Federal Funds
555
Probable (Cost) from
Federal Funds
555
2019 $695,668,082 ($2,356,146,935) $8,481,040 ($2,323,060,052)
2020 $210,981,159 $0 $0 $0
2021 $0 $0 $0 $0
2022 $0 $0 $0 $0
2023 $0 $0 $0 $0
2024 $0 $0 $0 $0

Fiscal Year Probable (Cost) from
Economic Stabilization Fund
599
Probable Revenue (Loss) from
Economic Stabilization Fund
599
2019 ($2,531,518,464) ($22,761,180)
2020 $0 ($65,842,742)
2021 $0 ($67,867,454)
2022 $0 ($69,625,710)
2023 $0 ($71,429,525)
2024 $0 ($73,280,081)

Fiscal Analysis

SB 500, As Introduced provides for the following appropriation related provisions:

General Revenue-Related appropriations decreases of $695,668,082 in fiscal year 2019 as follows:
Texas Education Agency - Foundation School Program: $643,000,000
Texas Public Finance Authority - Debt Service: $35,078,954
Texas Facilities Commission - Lease Payments: $17,589,128

General Revenue-Related appropriations increases of $2,356,146,935 in fiscal year 2019 as follows:
Health & Human Services Commission - Medicaid Shortfall: $2,100,000,000
Texas Department of Criminal Justice - Correctional Managed Care: $160,000,000
Department of Family & Protective Services - Foster Care: $83,542,916
Department of Family & Protective Services - Relative Caregiver: $6,833,593
Department of Public Safety - Crime Labs: $5,770,426

Federal Fund appropriations decreases of $8,481,040 in fiscal year 2019 as follows:
Department of Family & Protective Services - Relative Caregiver: $8,481,040

Federal Fund appropriations increases of $2,323,060,052 in fiscal year 2019 as follows:
Health & Human Services Commission - Medicaid Shortfall: $2,300,000,000
Department of Family & Protective Services - Daycare: $23,060,052

Economic Stabilization Fund appropriations increases of $2,531,518,464 in fiscal year 2019 as follows:
Texas Education Agency - Harvey Costs: $905,500,000
Teacher Retirement System - Pension Contributions: $300,000,000
Employee Retirement System - Pension Contributions: $300,000,000
Health & Human Services Commission - State Hospitals: $300,000,000
Comptroller of Public Accounts - Texas Guaranteed Tuition Plan: $210,981,159
Health & Human Services Commission - Harvey Costs: $110,000,000
Department of Public Safety - Harvey Costs: $100,000,000
Office of the Governor - Disaster Grants: $100,000,000
Texas Education Agency - School Safety: $100,000,000
Texas A&M Forest Service - Wildfires: $54,923,481
Texas Department of Criminal Justice - Harvey Costs: $38,600,000
Texas Workforce Commission - Harvey Costs: $8,931,385
Texas A&M Forest Service - Harvey Costs: $2,582,439

Methodology

The amounts above represent changes to previously authorized amounts and purposes for the state fiscal year ending August 31, 2019.

The revenue loss to the Economic Stabilization Fund in every year represents the interest and investment income loss due to appropriations out of the fund.

The 2020-21 Biennial Revenue Estimate (BRE) assumed a General Revenue fund transfer of $211.0 to the Texas Tomorrow Fund in fiscal year 2020.  Because SB 500 appropriates that amount to the Texas Tomorrow Fund from the Economic Stabilization Fund, there is a corresponding General Revenue savings in fiscal year 2020.  

Local Government Impact

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


Source Agencies:
304 Comptroller of Public Accounts
LBB Staff:
WP, KK, SD