Colorado Legislative Council Staff
STATE
FISCAL NOTE
General Fund Expenditure Impact
Drafting Number: Prime Sponsor(s): |
LLS 98-733 Rep. Grampsas Sen. Lacy |
Date: Bill Status: Fiscal Analyst: |
March 25, 1998 House Appropriations Steve Tammeus (866-2756) |
TITLE: CONCERNING AN INCREASE IN THE TRANSFER OF MONEYS FROM THE GENERAL FUND TO THE CAPITAL CONSTRUCTION FUND.
Summary of Legislation
STATE FISCAL IMPACT SUMMARY |
FY 1997/98 |
FY 1998/99 |
State Revenues General Fund Other Fund |
|
|
State Expenditures General Fund - transfer to Capital Construction Fund Other Fund |
$16,563,233 |
$312,246,350 |
FTE Position Change |
None |
None |
Local Government Impact — None |
This bill increases the transfer of moneys from the General Fund to the Capital Construction Fund by $16,563,233 for FY 1997-98, and by $312,246,350 for FY 1998-99. The bill would become effective upon the signature of the Governor.
State Expenditures
This bill does not authorize or create state expenditures, but transfers additional moneys from the General Fund to the Capital Construction Fund for further appropriation.
Spending Authority
This fiscal note would imply that no new state appropriation or spending authority is required for FY 1998-99.
Departments Contacted
Legislative Council Staff