COMMITTEE ON LEGISLATIVE RESEARCH OVERSIGHT DIVISION FISCAL NOTE L.R. No.:3512H.02C Bill No.:HCS for HB 1597 Subject:Property, Real and Personal; Easements and Conveyances Type:Original Date:February 9, 2022Bill Summary:This proposal authorizes the conveyance of certain state property. FISCAL SUMMARY ESTIMATED NET EFFECT ON GENERAL REVENUE FUNDFUND AFFECTEDFY 2023FY 2024FY 2025General Revenue*Unknown or (Unknown) $0 or Unknown$0 or UnknownTotal Estimated Net Effect on General Revenue Unknown or (Unknown) $0 or Unknown$0 or Unknown *Oversight will assume a fiscal impact of less than $250,000. ESTIMATED NET EFFECT ON OTHER STATE FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Truman State University*Unknown$0$0 Total Estimated Net Effect on Other State Funds Unknown $0$0 Numbers within parentheses: () indicate costs or losses. L.R. No. 3512H.02C Bill No. HCS for HB 1597 Page 2 of February 9, 2022 KB:LR:OD ESTIMATED NET EFFECT ON FEDERAL FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net Effect on All Federal Funds $0$0$0 ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)FUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net Effect on FTE 000 ☐ Estimated Net Effect (expenditures or reduced revenues) expected to exceed $250,000 in any of the three fiscal years after implementation of the act or at full implementation of the act. ☐ Estimated Net Effect (savings or increased revenues) expected to exceed $250,000 in any of the three fiscal years after implementation of the act or at full implementation of the act. ESTIMATED NET EFFECT ON LOCAL FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Local GovernmentUnknown $0$0 L.R. No. 3512H.02C Bill No. HCS for HB 1597 Page 3 of February 9, 2022 KB:LR:OD FISCAL ANALYSIS ASSUMPTION Section 1 Officials from the Office of Administration, Division of Facilities Management, Design and Construction state they do not make public the appraisal values for property that may be sold or conveyed because public knowledge of such information may hinder the State’s ability to gain the best value for the property. Additionally, since the terms of conveyances are yet to be determined, the fiscal impact, if any, cannot be calculated. Therefore, the fiscal impact is $0 to unknown. Officials from the Office of the Governor and the Attorney General’s Office each assume the proposal would not fiscally impact their respective offices. In response to a previous version, officials from the Department of Public Safety – Missouri National Guard (MONG) assumed the proposal would not fiscally impact their organization. Officials from the City of Kirksville did not respond to our request for fiscal impact. As this parcel appears to be material in size (square city block contained by West Scott Street, West Fillmore Street, South Main Street and South Elson Street; which currently contains the Missouri National Guard Armory building), Oversight will reflect the transaction of the conveyance of state property in Adair County to the Kirksville R-III school district as 1) a loss of the value of the state property, 2) the proceeds (if any) of the sale/conveyance, and 3) the annual savings (if any) to the state no longer maintaining the property. Oversight will assume a fiscal impact of less than $250,000. Section 2 Officials from the Office of Administration, Division of Facilities Management, Design and Construction state they do not make public the appraisal values for property that may be sold or conveyed because public knowledge of such information may hinder the State’s ability to gain the best value for the property. Additionally, since the terms of conveyances are yet to be determined, the fiscal impact, if any, cannot be calculated. Therefore, the fiscal impact is $0 to unknown. Officials from the Office of the Governor and the Attorney General’s Office each assume the proposal would not fiscally impact their respective offices. Officials from Truman State University did not respond to Oversight’s request for fiscal impact. L.R. No. 3512H.02C Bill No. HCS for HB 1597 Page 4 of February 9, 2022 KB:LR:OD FISCAL IMPACT – State GovernmentFY 2023 (10 Mo.) FY 2024FY 2025GENERAL REVENUESale Proceeds – conveyance proceeds of properties (if any) $0 or Unknown $0$0Property value – loss of FMV of properties (Unknown)$0$0 Savings – for annual maintenance / upkeep of properties $0 or Unknown $0 or Unknown $0 or Unknown ESTIMATED NET EFFECT TO GENERAL REVENUE Unknown or (Unknown) $0 or Unknown $0 or Unknown TRUMAN STATE UNIVERSITYCost - of acquiring the property from the state (Section 2) $0 or (Unknown) $0$0Property increase – acquired property’s value (Section 2)Unknown$0$0 ESTIMATED NET EFFECT TO TRUMAN STATE UNIVERSITYUnknown $0 $0 L.R. No. 3512H.02C Bill No. HCS for HB 1597 Page 5 of February 9, 2022 KB:LR:OD FISCAL IMPACT – Local GovernmentFY 2023 (10 Mo.) FY 2024FY 2025KIRKSVILLE R-III SCHOOL DISTRICT Cost - of acquiring the property from the state (Section 1) $0 or (Unknown) $0$0Property increase – acquired property’s value (Section 1) Unknown$0$0ESTIMATED NET EFFECT TO KIRKSVILLE R-III SCHOOL DISTRICT Unknown $0 $0 FISCAL IMPACT – Small Business No direct fiscal impact to small businesses would be expected as a result of this proposal. FISCAL DESCRIPTION This bill authorizes the Governor to sell, transfer, grant, convey, remise, release, and forever quitclaim all interest of the state of Missouri in land located in the City of Kirksville in Adair County to the Kirksville R-III School District. The land to be conveyed is described in the bill. This bill also authorizes the Governor to sell, transfer, grant, convey, remise, release, and forever quitclaim all interest of the state of Missouri in land located in the City of Kirksville in Adair County to Truman State University. The land to be conveyed is described in the bill. The Commissioner of Administration shall set the terms and conditions for the conveyance, and the Attorney General shall approve the form of the instrument of conveyance. This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. L.R. No. 3512H.02C Bill No. HCS for HB 1597 Page 6 of February 9, 2022 KB:LR:OD SOURCES OF INFORMATION Attorney General’s Office Office of Administration Office of the Governor Department of Public Safety – National Guard Julie MorffRoss StropeDirectorAssistant DirectorFebruary 9, 2022February 9, 2022