Commercial signage on highways.

09LSO-0278.C1

FISCAL NOTE

	FY 2010	FY 2011	FY 2012
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
HIGHWAY FUND	300,000	300,000	300,000
Anticipated Expenditure Decrease:
HIGHWAY FUND	15,000	15,000	15,000

Source of Revenue Increase:

The language in this bill would give the Department of Transportation the option of contracting or privatizing the commercial signage on highways.  The Department of Transportation estimates annual revenue of $300,000 if it utilizes a bidding process to privatize commercial signage.

Assumptions: 

It is expected that the privatization of commercial signage would increase the cost of advertisements from the current $100 fee per sign to a price established by the vendor selected under privatization bid process mentioned above.  

Source of Expenditure Decrease: 

If privatization or contracted signage was implemented by the Department of Transportation the existing Department costs for signage would no longer be required.

Prepared by:

Mike Gostovich, Dept. of Transportation Kevin Hibbard, Dept. of Transportation

Phone:

777-4492 777-4026