Impact assistance to local governments. |
12LSO-0084.L1 |
FISCAL NOTE
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This bill contains an appropriation of $50,000,000 from the GENERAL FUND to the Office of State Lands and Investments.
DETAIL OF APPROPRIATION
Agency #: 060 Agency Name: Office of State Lands and Investments
Unit: 0104 Grants and Loans
EXPENDITURE BY SERIES AND YEAR FY 2012 FY 2013 FY 2014
0600 Grant & Aid Payments $25,000,000 $25,000,000
Total Expenditure Per Year: $25,000,000 $25,000,000
Grand Total Expenditure: $50,000,000
Total Appropriated to Agency: $50,000,000
Total Appropriated by Fund
GENERAL FUND : $50,000,000
Description of Appropriation:
All funds will be expended for grants to local governments. No administrative expenditures will be made from this appropriation.
This appropriation is continuous until further act of the legislature. Based on local government requests for project funding in prior years, the assumption is made that these funds will be expended/allocated within a 2 year period.
Prepared by: Alex Kean, LSO Phone: 777-7881
(Information provided by: Jeanne Norman, Office of State Lands & Investments Phone: 777-6644)