[1] NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.

 

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F I S C A L   I M P A C T   R E P O R T

 

 

SPONSOR:

Campos

 

DATE TYPED:

2/07/02

 

HB

 

 

SHORT TITLE:

Small Counties Assistance Fund Distribution

 

SB

400

 

 

ANALYST:

Neel

 

REVENUE

 

Estimated Revenue

Subsequent

Years Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

 

 

 

 

($500.0)

 

Recurring

General Fund

 

$500.0

 

Recurring

County

 

(Parenthesis ( ) Indicate Revenue Decreases)

 

SOURCES OF INFORMATION

 

Department of Finance and Administration

 

SUMMARY

 

     Synopsis of Bill

 

This bill, changes the distribution from the small counties assistance fund.  It increases the population limit for class B counties from 12,500 to 20,000 to determine eligibility, which will allow more counties to participate.

 

FISCAL IMPLICATIONS

 

By changing this parameter, five additional counties will receive small counties assistance monies for a total of $500,000:

 

  Colfax        $100,000

  Lincoln       $100,000

  Luna           $100,000

  Roosevelt   $100,000

  Torrance     $100,000

 

These counties previously received no small counties assistance monies.

 

SN/sb:ar


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