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


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 0
Personal Services 600,000 600,000 0
Current Expenses 200,000 200,000 0
Repairs and Alterations 0 0 0
Assets 300,000 300,000 0
Other 100,000 100,000 0
2. Estimated Total Revenues 1,200,000 1,200,000 0


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


    
    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.
    
    
    
    
    
    
    
     Person submitting Fiscal Note: Andrew Fizer
     Email Address: fizeran@charter.net