Date Requested:March 11, 2005
Time Requested:12:55 PM
Agency: Finance Division (Administration)
CBD Number: Version: Bill Number: Resolution Number:
2005R1648 Intro HB3005
CBD Subject: Transfer The Centralized Accounting Syst
FUND(S)
2220 Division of Information Services and Communication (FIMS section only)
Sources of Revenue
Special Fund
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    This bill will only move the current Financial Information Management System (FIMS) from the IS&C to the Auditor’s Office, hence no additional cost savings and/or efficiencies will be created.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")
2006
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 1,200,000 1,200,000 1,200,000
Personal Services 600,000 600,000 600,000
Current Expenses 200,000 200,000 200,000
Repairs and Alterations 100,000 100,000 100,000
Assets 300,000 300,000 300,000
Other 0 0 0
2. Estimated Total Revenues 1,200,000 1,200,000 1,200,000
3. Explanation of above estimates (including long-range effect):
    The changes included in this bill will be cost neutral for the FIMS section. However, it should be noted that additional Audit fees and/or costs associated with issuing bonds may be significant.


Memorandum
Person submitting Fiscal Note:
Andrew Fizer
Email Address:
fizeran@charter.net
    The funding for this section is derived from billing agencies for use of the FIMS system. This source of funds is currently embedded in the overall IS&C budget. The actual dollars to be transferred to the Auditor’s Office should be specified in the bill.
    
    The staff affected by this change consists of ten individuals. All of these individuals are currently covered by the Civil Service System. It should be noted in the bill how or/if these individuals will continue to be covered by the Civil Service System after they are transferred to a Constitutional Officer.
    
    One area related to the FIMS system which has not been discussed is the processing of 1099’s and W-9’s for Administration. If it is the intent of the Auditor to obtain this responsibility, it should be noted in the bill.