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January 18, 2024 HB 24-1006
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Fiscal Note
Drafting Number:
Prime Sponsors:
LLS 24-0423
Rep. Velasco; Snyder
Sen. Cutter; Will
Date:
Bill Status:
Fiscal Analyst:
January 18, 2024
House Ag., Water & Natural Res.
Colin Gaiser | 303-866-2677
colin.gaiser@coleg.gov
Bill Topic: ASSIST RURAL COMMUNITY WILDFIRE -RELATED GRANT APP
Summary of
Fiscal Impact:
☐ State Revenue
☒ State Expenditure
☐ State Transfer
☐ TABOR Refund
☒ Local Government
☐ Statutory Public Entity
The bill requires the Rural Opportunity Office in the Office of Economic Development
and International Trade to assist rural communities in applying for wildfire-related
grants. It increases state and local expenditures on an ongoing basis.
Appropriation
Summary:
For FY 2024-25, the bill requires an appropriation of $154,302 to the Office of
Economic Development and International Trade.
Fiscal Note
Status:
The fiscal note reflects the introduced bill, as recommended by the Wildfire Matters
Review Committee.
Table 1
State Fiscal Impacts Under HB 24-1006
Budget Year
FY 2024-25
Out Year
FY 2025-26
Revenue - -
Expenditures General Fund $154,302 $188,632
Centrally Appropriated $32,136 $47,755
Total Expenditures $186,439 $236,387
Total FTE 1.6 FTE 2.5 FTE
Transfers - -
Other Budget Impacts General Fund Reserve $23,145 $28,295
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January 18, 2024 HB 24-1006
Summary of Legislation
The bill requires the Rural Opportunity Office in the Office of Economic Development and
International Trade (OEDIT) to provide technical assistance to rural communities in identifying
and applying for state and federal grants for wildfire mitigation, prevention, response, or
risk-management efforts. OEDIT must also maintain a list of government grant programs on its
website. Beginning July 1, 2025, OEDIT must make a biennial report to the General Assembly
summarizing the work to assist rural communities with grant identification and application.
State Expenditures
The bill increases state expenditures in OEDIT by about $186,000 in FY 2024-25 and $236,000 in
FY 2025-26, paid from the General Fund. Costs are shown in Table 2 and described below.
Table 2
Expenditures Under HB 24-1006
FY 2024-25 FY 2025-26
Office of Economic Development
Personal Services $129,244 $175,762
Operating Expenses $2,048 $3,200
Capital Outlay Costs $20,010 $6,670
Travel Mileage $3,000 $3,000
Centrally Appropriated Costs
1
$32,136 $47,755
Total Cost $186,439 $236,387
Total FTE 1.6 FTE 2.5 FTE
1
Centrally appropriated costs are not included in the bill's appropriation.
Staff. OEDIT requires 1.6 FTE in FY 2024-25, including 1.0 FTE program management staff from
September 2024 to June 2025, to research grant programs and engage in the stakeholder
process. The fiscal note assumes the grant program will take six months to set up. Starting
February 2025, the OEDIT requires 2.0 annual FTE of grant specialists to provide technical
assistance to local communities in identifying funding opportunities and writing grant
applications. The OEDIT also requires 0.5 FTE of continuing program management staff to
support the program. Standard operating and capital costs are included for this staff, as are
travel reimbursement costs that assume 5,000 miles total per year at the rate of 0.60 cents per
mile.
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January 18, 2024 HB 24-1006
Centrally appropriated costs. Pursuant to a Joint Budget Committee policy, certain costs
associated with this bill are addressed through the annual budget process and centrally
appropriated in the Long Bill or supplemental appropriations bills, rather than in this bill. These
costs, which include employee insurance and supplemental employee retirement payments, are
shown in Table 2.
Other Budget Impacts
General Fund reserve. Under current law, an amount equal to 15 percent of General Fund
appropriations must be set aside in the General Fund statutory reserve. Based on this fiscal note,
the bill is expected to increase the amount of General Fund held in reserve by the amounts
shown in Table 1, decreasing the amount of General Fund available for other purposes.
Local Government
The bill may increase local government revenue and workload, as local governments may apply
for more grants and secure more grant funding than they would without the assistance of the
Rural Opportunity Office.
Effective Date
The bill takes effect 90 days following adjournment of the General Assembly sine die, assuming
no referendum petition is filed.
State Appropriations
For FY 2024-25, the bill requires a General Fund appropriation of $154,302 to the Office of
Economic Development and International Trade, and 1.6 FTE.
State and Local Government Contacts
Counties Natural Resources Office of Economic Development
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit: leg.colorado.gov/fiscalnotes.