Fiscal Note
HB0002S02 - General Obligation Bonds Authorizations
State Impact:
A general obligation bond of $84,088,000 will be issued for facilities (plus issuance costs). Assuming standard six year repayment at four percent there will be a first year payment of approximately $1,700,000 and four payments of approximately $3,448,000 followed by one principal payment.
| Funding Source | FY 2005 Approp. | FY 2006 Approp. | FY 2005 Revenue | FY 2006 Revenue |
| General Fund | $1,700,000 | $3,448,000 | $84,088,000 | $0 |
| Total | $1,700,000 | $3,448,000 | $84,088,000 | $0 |
Individual and Business Impact:
No fiscal impact.
Office of the Legislative Fiscal Analyst
2/27/2004, 2:16:50 PM