Colorado Legislative Council Staff
FISCAL IMPACT
Drafting Number: Prime Sponsor(s): |
LLS 99-0980 Sen. Lacy Rep. Tool |
Date: Bill Status: Fiscal Analyst: |
May 3, 1999 Senate Appropriations Kirk Mlinek (303-866-4784) |
TITLE: CONCERNING AN INCREASE IN THE TRANSFER OF MONEYS FROM THE GENERAL FUND TO THE CAPITAL CONSTRUCTION FUND.
Fiscal Impact Summary |
FY 1999/2000 |
FY 2000/2001 |
State Revenues General Fund |
|
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State Expenditures General Fund - Transfer to Capital Construction Fund |
$68,691,405 |
|
FTE Position Change |
0.0 FTE |
0.0 FTE |
Other State Impact: None. |
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Effective Date: Upon Governor’s signature. |
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Appropriation Summary for FY 1999-2000: None |
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Local Government Impact: None |
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The bill provides an increase in the transfer of moneys from the General Fund to the Capital Construction Fund of $68,691,405 for FY 1999-00. The bill would become effective upon the signature of the Governor.
State Expenditures
The bill does not authorize nor create state expenditures, but transfers moneys from the General Fund to the Capital Construction Fund for further appropriation.
State Appropriations
The fiscal note implies that no new state appropriations or spending authority is required for FY 1999-00.
Departments Contacted
Joint Budget Committee Staff