LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 25, 2017 TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1067 by Schwertner (Relating to the dissolution of the Chisholm Trail Special Utility District.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Special District Local Laws Code to establish a procedure for the dissolution of the Chisholm Trail Special Utility District. Provides that the City of Georgetown will assume the operation, management, assets, liabilities, and records of the district.The bill would take effect immediately if it receives a vote of two-thirds of each house. If it does not receive the vote necessary for immediate effect, it would take effect September 1, 2017. Local Government Impact According to the City of Georgetown, the savings from the dissolution is estimated to be $358,900 per year. Source Agencies: LBB Staff: UP, JGA, GG, GP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 25, 2017
TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1067 by Schwertner (Relating to the dissolution of the Chisholm Trail Special Utility District.), As Introduced
TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1067 by Schwertner (Relating to the dissolution of the Chisholm Trail Special Utility District.), As Introduced
Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1067 by Schwertner (Relating to the dissolution of the Chisholm Trail Special Utility District.), As Introduced
SB1067 by Schwertner (Relating to the dissolution of the Chisholm Trail Special Utility District.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Special District Local Laws Code to establish a procedure for the dissolution of the Chisholm Trail Special Utility District. Provides that the City of Georgetown will assume the operation, management, assets, liabilities, and records of the district.The bill would take effect immediately if it receives a vote of two-thirds of each house. If it does not receive the vote necessary for immediate effect, it would take effect September 1, 2017.
Local Government Impact
According to the City of Georgetown, the savings from the dissolution is estimated to be $358,900 per year.
Source Agencies:
LBB Staff: UP, JGA, GG, GP
UP, JGA, GG, GP