Temporary workers-vehicle registration.

03LSO-0020.L4

FISCAL NOTE (SF0050)

	FY 2004	FY 2005	FY 2006
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Decrease:
HIGHWAY FUND	42,000	42,000	42,000

Source of revenue decrease:

Temporary vehicle registrations

Assumptions:

1. Average temporary vehicle registered is 3 years old with an average factory price of $15,000.

2. The total decrease in revenue to the Highway Fund is estimated at $42,000 per year, and is reflected in the table above.

¨ The 15-day registration fee will decrease revenues to the Highway Fund by approximately $1,700 per year.

¨ The 120-day registration fee will decrease revenues to the Highway Fund by approximately $40,300 per year.

3. This bill will also decrease revenues at the county level. The total revenue decrease is estimated at $500,000 per year.

¨ The 15-day registration fee will decrease revenues to the counties by approximately $20,000 per year.

¨ The 120-day registration fee will decrease revenues to the counties by approximately $480,000 per year.

Prepared by:   Dean Temte, LSO    Phone:   777-7881

(information provided by Kevin Hibbard, WYDOT; phone 777-4026)