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