Wyoming boxing commission.

05LSO-0227.L1

                                                         

FISCAL NOTE

 

 

	FY 2006	FY 2007	FY 2008
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
GENERAL FUND	9,430	9,430	9,430
LOCAL SOURCES FUND	9,430	9,430	9,430

 

 

Source of revenue increase:

 

Legislation specifies that one-half of the license fees and admission taxes collected will be deposited to the General Fund and one-half will be deposited with the counties. 

 

Boxing License Fee:  $10.00 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. 

 

Referee Fee:  $10 per referee, 4 referees per county (23) per year.  $10 x 4 x 23 = $920. 

 

Assumptions:

 

Assuming 1 exhibition per county (23) per month (12). 

 

 

The fiscal impact of penalties for violations is indeterminable due to an unknown number of cases.

 

 

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 will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill:

 

 

Department of Administration and Information

 

Prepared by:  Veronica Skoranski, A&I     Phone:  777-7788