LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 17, 2011 TO: Honorable Harold V. Dutton Jr., Chair, House Committee on Urban Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3690 by Anchia (Relating to the boundaries and financing of a public improvement district.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to modify the definition of the boundaries and the financing of a public improvement district (district). A district could consist of a definable boundary encompassing contiguous properties or consist of noncontiguous properties that have a common land use or other common characteristics. The bill also would authorize the cost of an improvement to be assessed as a percentage of sales or receipts. Local Government Impact Based on the analysis by the City of Fort Worth (only Tarrant County) Housing and Economic Development Public Improvement District, districts would experience a moderate increase in administrative costs on the part of the municipality by including more areas, contiguous and noncontiguous, in the districts area. In addition, there would be additional costs for an increase in the collection fee charged by the county based on the number of accounts in each district. However, a district would be authorized to assess the cost of an improvement which would result in the reimbursement of administrative costs and additional revenue. Overall, the city did not anticipate a significant fiscal impact to implement the provisions of the bill. The City of Grand Prairie reported there would be no fiscal impact to implement the provisions of the bill. Source Agencies: LBB Staff: JOB, KKR, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 17, 2011
TO: Honorable Harold V. Dutton Jr., Chair, House Committee on Urban Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3690 by Anchia (Relating to the boundaries and financing of a public improvement district.), As Introduced
TO: Honorable Harold V. Dutton Jr., Chair, House Committee on Urban Affairs
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB3690 by Anchia (Relating to the boundaries and financing of a public improvement district.), As Introduced
Honorable Harold V. Dutton Jr., Chair, House Committee on Urban Affairs
Honorable Harold V. Dutton Jr., Chair, House Committee on Urban Affairs
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB3690 by Anchia (Relating to the boundaries and financing of a public improvement district.), As Introduced
HB3690 by Anchia (Relating to the boundaries and financing of a public improvement district.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to modify the definition of the boundaries and the financing of a public improvement district (district). A district could consist of a definable boundary encompassing contiguous properties or consist of noncontiguous properties that have a common land use or other common characteristics. The bill also would authorize the cost of an improvement to be assessed as a percentage of sales or receipts.
Local Government Impact
Based on the analysis by the City of Fort Worth (only Tarrant County) Housing and Economic Development Public Improvement District, districts would experience a moderate increase in administrative costs on the part of the municipality by including more areas, contiguous and noncontiguous, in the districts area. In addition, there would be additional costs for an increase in the collection fee charged by the county based on the number of accounts in each district. However, a district would be authorized to assess the cost of an improvement which would result in the reimbursement of administrative costs and additional revenue. Overall, the city did not anticipate a significant fiscal impact to implement the provisions of the bill. The City of Grand Prairie reported there would be no fiscal impact to implement the provisions of the bill.
Source Agencies:
LBB Staff: JOB, KKR, TP
JOB, KKR, TP