COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.:3703H.02I Bill No.:HB 1606 Subject:Counties; Political Subdivisions; County Officials; State Auditor Type:Original Date:January 28, 2022Bill Summary:This proposal changes the law regarding county financial statements.
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUNDFUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net
Effect on General
Revenue $0$0$0
ESTIMATED NET EFFECT ON OTHER STATE FUNDSFUND AFFECTEDFY 2023FY 2024FY 2025Total Estimated Net
Effect on Other State
Funds $0$0$0
Numbers within parentheses: () indicate costs or losses. L.R. No. 3703H.02I
Bill No. HB 1606
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January 28, 2022
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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 2025
Local Government
Could Exceed
$100,000
Could Exceed
$100,000
Could Exceed
$100,000 L.R. No. 3703H.02I
Bill No. HB 1606
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January 28, 2022
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FISCAL ANALYSIS
ASSUMPTION
In response to similar legislation from 2020, HB 1814, officials at Henry County assumed a
savings of $1,800 annually in publication costs from this proposal.
Oversight inquired with Henry County regarding this proposal. The County currently submits a
14 page document to the newspaper which lists out every dollar by vendor. Since this proposal
requires a summary of data to be published in the newspaper, Henry County’s publishing costs
would be reduced as the number of pages would be reduced that would be submitted to the
newspaper.
In response to similar legislation from 2020, HB 1814, officials at Lincoln County assumed a
savings of $2,000 annually in publication costs from this proposal.
In response to similar legislation from 2020, HB 1814, officials at Livingston County assumed a
savings of $2,500 annually in publication costs from this proposal.
Oversight assumes using the counties above as an example, if the average savings of the three
counties publication costs is $2,100 and 96 counties (2
nd
, 3
rd
and 4
th
class counties) in Missouri
published their financials in the newspaper, the potential savings could be up to $201,600
($2,100 * 96) per year. Therefore, Oversight will reflect a potential savings in publication costs
for counties to post their financials through a newspaper of general circulation in their county
that could exceed $100,000 annually from this proposal.
Officials from the Office of the State Auditor assume the proposal will have no fiscal impact on
their organization. Oversight does not have any information to the contrary. Therefore,
Oversight will reflect a zero impact in the fiscal note for that agency.
In response to similar legislation from this year, SB 845, officials from Boone County and
Greene County each assumed the proposal will have no fiscal impact on their respective
organizations. Oversight does not have any information to the contrary. Therefore, Oversight
will reflect a zero impact in the fiscal note for these agencies.
Oversight only reflects the responses received from state agencies and political subdivisions;
however, other counties were requested to respond to this proposed legislation but did not. A
general listing of political subdivisions included in Oversight’s database is available upon
request. L.R. No. 3703H.02I
Bill No. HB 1606
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January 28, 2022
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FISCAL IMPACT – State GovernmentFY 2023
(10 Mo.)
FY 2024FY 2025$0$0$0FISCAL IMPACT – Local GovernmentFY 2023
(10 Mo.)
FY 2024FY 2025COUNTIESSavings – in publication costs on
financials posted in a newspaper of
general circulation
Could exceed
$100,000
Could exceed
$100,000
Could exceed
$100,000
ESTIMATED NET EFFECT ON
COUNTIES
Could exceed
$100,000
Could exceed
$100,000
Could exceed
$100,000
FISCAL IMPACT – Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
FISCAL DESCRIPTION
This bill requires all non-charter counties, by the first Monday in March, to prepare and publish
in a qualified newspaper a financial statement for the previous year.
The financial statement shall include the name, office, and current gross annual salary of each
elected or appointed county official whose salary is set by the County Salary Commission.
The county clerk or other officer responsible for the preparation of the financial statement must
preserve the documents relied upon in the making of the financial statements and shall provide
an electronic copy free of charge to any newspaper requesting a copy of the data.
Currently, these requirements only apply to counties of the first classification.
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. 3703H.02I
Bill No. HB 1606
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January 28, 2022
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SOURCES OF INFORMATION
Office of the State Auditor
Boone County
Greene County
Henry County
Lincoln County
Livingston County
Julie MorffRoss StropeDirectorAssistant DirectorJanuary 28, 2022January 28, 2022