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Wyoming boxing commission. |
03LSO-0184.L1 |
FISCAL NOTE (HB0107)
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FY 2005 |
FY 2006 |
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NON-ADMINISTRATIVE IMPACT |
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Anticipated Revenue Increase: |
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GENERAL FUND |
9,900 |
9,900 |
9,900 |
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LOCAL SOURCES FUND |
9,000 |
9,000 |
9,000 |
Source of revenue increase and assumptions:
The main assumption made in estimating the fiscal impact for the State Boxing Commission is that there would be one exhibition per county (23) per month (12).
Boxing License Fee: $10 per exhibition x 4 fights per exhibition x 1 per county (23) per month (12). $10 x 4 x 1 x 23 x 12 = $11,040
Boxing Admission Fee Tax 5%: $10 x 50 people per exhibition x 1 exhibition per month (12) per county (23) x 5%. $10 x 50 x 1 x 12 x 23 x 5% = $6,900
Referees Fee: $10 per referee, 4 referees per county (23) per year.
$10 x 4 x 23 = $920
Revenue is projected to remain constant for FY 2004, 2005, and 2006.
Revenue distribution per bill
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State |
Counties |
Total |
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License Fee |
5,520 |
5,520 |
11,040 |
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Admission Fee Tax |
3,450 |
3,450 |
6,900 |
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Referee License Fee |
920 |
0 |
920 |
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Total Estimated Revenue |
9,890 |
8,970 |
$18,860 |
Prepared by: Dean Temte, LSO Phone: 777-7881
This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations. The following state agencies may be affected administratively:
Administration and Information – Boards and Commissions