Community enhancement grants.

04LSO-0290.L1

                                                         

FISCAL NOTE (HB0154)

 

This bill contains an appropriation of $2,000,000 from the BUDGET RESERVE ACCOUNT to the Wyoming Business Council. Any unexpended or unobligated funds remaining at the end of the biennium ending June 30, 2006 shall not lapse and shall not revert.

 

 

The estimated cumulative expenditures over the three-year period from FY2005-2007 are listed below:

 

-Eighteen (18) grants of $100,000 each          $1,800,000

-Administrative expenses (salary and benefits

for 1/2 of a full time program manager

plus support costs)                        $  130,000

 

Total Estimated expenditures                    $1,930,500

 

The Wyoming Business Council believes that the above appropriation is sufficient to cover the costs of this program (including administrative expenses) through FY 2007.

 

 

Prepared by:   Diane Mosher, WBC  Phone:   777-2848