Sales tax distributions. |
03LSO-0334.L1 |
FISCAL NOTE (HB0156)
|
FY 2005 |
FY 2006 |
|
NON-ADMINISTRATIVE IMPACT |
|
|
|
Anticipated Revenue Increase (Decrease): |
|
|
|
GENERAL FUND |
(6,761,000) |
0 |
0 |
LOCAL SOURCES FUND |
6,761,000 |
0 |
0 |
Source of revenue increase and decrease:
Amending the distribution of sales and use tax from 70.5% state and 29.5% locals to 69% state and 31% locals for fiscal year 2004.
Assumptions:
Prepared by: Dean Temte, LSO Phone: 777-7881