Multiple Agency Fiscal Note Summary - 5167 E S SB, Linked deposit program
Summary
A Multiple Agency Fiscal Note Summary for 5167 E S SB, titled Linked deposit program, prepared by Ramona Nabors of OFM, followed by individual fiscal notes. The summary lists estimated cash receipts as NONE and shows 0 operating expenditures for the Office of State Treasurer, the Office of Attorney General, the Office of Financial Management and the Department of Enterprise Services. For the Office of Minority and Women's Business Enterprises it shows 77,692 in the 2019-21 column and 143,484 in each of the 2021-23 and 2023-25 columns. The Office of State Treasurer note marks No Fiscal Impact.
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“Multiple Agency Fiscal Note Summary - 5167 E S SB, Linked deposit program.”
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Multiple Agency Fiscal Note Summary
Bill Number: 5167 E S SB Title: Linked deposit program
Estimated Cash Receipts
NONE
Estimated Operating Expenditures
Agency Name 2019-21 2021-23 2023-25
FTEs GF-State Total FTEs GF-State Total FTEs GF-State Total
Office of State Treasurer .0 0 0 .0 0 0 .0 0 0
Office of Attorney .0 0 0 .0 0 0 .0 0 0
General
Office of Financial .0 0 0 .0 0 0 .0 0 0
Management
Office of Minority and .3 77,692 77,692 .5 143,484 143,484 .5 143,484 143,484
Women's Business
Enterprises
Department of Enterprise .0 0 0 .0 0 0 .0 0 0
Services
Total $ 0.3 77,692 77,692 0.5 143,484 143,484 0.5 143,484 143,484
Estimated Capital Budget Expenditures
Agency Name 2019-21 2021-23 2023-25
FTEs Bonds Total FTEs Bonds Total FTEs Bonds Total
Office of State Treasurer .0 0 0 .0 0 0 .0 0 0
Office of Attorney .0 0 0 .0 0 0 .0 0 0
General
Office of Financial .0 0 0 .0 0 0 .0 0 0
Management
Office of Minority and .0 0 0 .0 0 0 .0 0 0
Women's Business
Enterprises
Department of Enterprise .0 0 0 .0 0 0 .0 0 0
Services
Total $ 0.0 0 0 0.0 0 0 0.0 0 0
Estimated Capital Budget Breakout
NONE
FNPID: 60415
FNS029 Multi Agency rollup
Prepared by: Ramona Nabors, OFM Phone: Date Published:
(360) 902-0547 Final 2/20/2020
FNPID: 60415
FNS029 Multi Agency rollup
Individual State Agency Fiscal Note
Bill Number: 5167 E S SB Title: Linked deposit program Agency: 090-Office of State
Treasurer
Part I: Estimates
X No Fiscal Impact
Estimated Cash Receipts to:
NONE
Estimated Operating Expenditures from:
NONE
Estimated Capital Budget Impact:
NONE
The cash receipts and expenditure estimates on this page represent the most likely fiscal impact. Factors impacting the precision of these estimates,
and alternate ranges (if appropriate), are explained in Part II.
Check applicable boxes and follow corresponding instructions:
If fiscal impact is greater than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete entire fiscal note
form Parts I-V.
If fiscal impact is less than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete this page only (Part I).
Capital budget impact, complete Part IV.
Requires new rule making, complete Part V.
Legislative Contact: Clinton McCarthy Phone: 360-786-7319 Date: 01/27/2020
Agency Preparation: Dan Mason Phone: (360) 902-8990 Date: 01/30/2020
Agency Approval: Dan Mason Phone: (360) 902-8990 Date: 01/30/2020
OFM Review: Ramona Nabors Phone: (360) 902-0547 Date: 02/05/2020
Form FN (Rev 1/00) 157,708.00 Request # 045-1
FNS063 Individual State Agency Fiscal Note 1 Bill # 5167 E S SB
Part II: Narrative Explanation
II. A - Brief Description Of What The Measure Does That Has Fiscal Impact
Briefly describe by section number, the significant provisions of the bill, and any related workload or policy assumptions, that have revenue or
expenditure impact on the responding agency.
ESSB 5167 amends RCW 43.86A.060 to include:
• “A line of credit issued under the linked deposit program that has a zero balance for twelve or more months
must be removed from the program.”
• “Ensure that when making a qualified loan under the linked deposit program priority is given to loans that:
(i) Create jobs in underserved communities that have inadequate access to capital; and
(ii) Are for applicants that do not currently have loans with other small business lending agencies.”
The amount of money available for the program remains the same. Therefore, there is no fiscal impact.
II. B - Cash receipts Impact
Briefly describe and quantify the cash receipts impact of the legislation on the responding agency, identifying the cash receipts provisions by section
number and when appropriate the detail of the revenue sources. Briefly describe the factual basis of the assumptions and the method by which the
cash receipts impact is derived. Explain how workload assumptions translate into estimates. Distinguish between one time and ongoing functions.
II. C - Expenditures
Briefly describe the agency expenditures necessary to implement this legislation (or savings resulting from this legislation), identifying by section
number the provisions of the legislation that result in the expenditures (or savings). Briefly describe the factual basis of the assumptions and the
method by which the expenditure impact is derived. Explain how workload assumptions translate into cost estimates. Distinguish between one time
and ongoing functions.
Part III: Expenditure Detail
III. A - Operating Budget Expenditures
NONE
III. B - Expenditures by Object Or Purpose
NONE
III. C - Operating FTE Detail: List FTEs by classification and corresponding annual compensation. Totals need to agree with total FTEs in
Part I and Part IIIA
NONE
III. D - Expenditures By Program (optional)
NONE
Part IV: Capital Budget Impact
IV. A - Capital Budget Expenditures
NONE
IV. B - Expenditures by Object Or Purpose
NONE
IV. C - Capital Budget Breakout
Identify acquisition and construction costs not reflected elsewhere on the fiscal note and describe potential financing methods
NONE
Linked deposit program 090-Office of State Treasurer
Form FN (Rev 1/00) 157,708.00 Request # 045-1
FNS063 Individual State Agency Fiscal Note 2 Bill # 5167 E S SB
Part V: New Rule Making Required
Linked deposit program 090-Office of State Treasurer
Form FN (Rev 1/00) 157,708.00 Request # 045-1
FNS063 Individual State Agency Fiscal Note 3 Bill # 5167 E S SB
Individual State Agency Fiscal Note
Bill Number: 5167 E S SB Title: Linked deposit program Agency: 100-Office of Attorney
General
Part I: Estimates
X No Fiscal Impact
Estimated Cash Receipts to:
NONE
Estimated Operating Expenditures from:
NONE
Estimated Capital Budget Impact:
NONE
The cash receipts and expenditure estimates on this page represent the most likely fiscal impact. Factors impacting the precision of these estimates,
and alternate ranges (if appropriate), are explained in Part II.
Check applicable boxes and follow corresponding instructions:
If fiscal impact is greater than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete entire fiscal note
form Parts I-V.
If fiscal impact is less than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete this page only (Part I).
Capital budget impact, complete Part IV.
Requires new rule making, complete Part V.
Legislative Contact: Clinton McCarthy Phone: 360-786-7319 Date: 01/27/2020
Agency Preparation: Cam Comfort Phone: (360) 664-9429 Date: 01/28/2020
Agency Approval: Dianna Wilks Phone: 360-709-6463 Date: 01/28/2020
OFM Review: Gwen Stamey Phone: (360) 902-9810 Date: 02/03/2020
Form FN (Rev 1/00) 157,180.00 Request # 98-1
FNS063 Individual State Agency Fiscal Note 1 Bill # 5167 E S SB
Part II: Narrative Explanation
II. A - Brief Description Of What The Measure Does That Has Fiscal Impact
Briefly describe by section number, the significant provisions of the bill, and any related workload or policy assumptions, that have revenue or
expenditure impact on the responding agency.
No fiscal impact. This legislation is not expected to generate any costs or savings for the Attorney General’s
Office (AGO). The AGO completed an analysis for legal services and fiscal impact from the most likely state
agencies.
The AGO Government Compliance & Enforcement (GCE) division has reviewed this bill and determined it will
not increase or decrease the division’s workload in representing the Office of Minority and Women’s Business
Enterprises (OMWBE). This bill makes changes to the Linked Deposit Program, which is administered by
OMWBE. The changes under this bill will not result in any litigation and will not generate any requests for legal
advice. New legal services are assumed to be nominal and costs are not included in this request.
The AGO Revenue & Finance (REV) division has reviewed this bill and determined it will not increase or
decrease the division’s workload in representing the Office of Financial Management and the Office of the State
Treasurer. This bill is not expected to generate any requests for legal advice. New legal services are assumed to
be nominal and costs are not included in this request.
II. B - Cash receipts Impact
Briefly describe and quantify the cash receipts impact of the legislation on the responding agency, identifying the cash receipts provisions by section
number and when appropriate the detail of the revenue sources. Briefly describe the factual basis of the assumptions and the method by which the
cash receipts impact is derived. Explain how workload assumptions translate into estimates. Distinguish between one time and ongoing functions.
II. C - Expenditures
Briefly describe the agency expenditures necessary to implement this legislation (or savings resulting from this legislation), identifying by section
number the provisions of the legislation that result in the expenditures (or savings). Briefly describe the factual basis of the assumptions and the
method by which the expenditure impact is derived. Explain how workload assumptions translate into cost estimates. Distinguish between one time
and ongoing functions.
Part III: Expenditure Detail
III. A - Operating Budget Expenditures
NONE
III. B - Expenditures by Object Or Purpose
NONE
III. C - Operating FTE Detail: List FTEs by classification and corresponding annual compensation. Totals need to agree with total FTEs in
Part I and Part IIIA
NONE
III. D - Expenditures By Program (optional)
NONE
Part IV: Capital Budget Impact
IV. A - Capital Budget Expenditures
NONE
Linked deposit program 100-Office of Attorney General
Form FN (Rev 1/00) 157,180.00 Request # 98-1
FNS063 Individual State Agency Fiscal Note 2 Bill # 5167 E S SB
IV. B - Expenditures by Object Or Purpose
NONE
IV. C - Capital Budget Breakout
Identify acquisition and construction costs not reflected elsewhere on the fiscal note and describe potential financing methods
NONE
Part V: New Rule Making Required
Linked deposit program 100-Office of Attorney General
Form FN (Rev 1/00) 157,180.00 Request # 98-1
FNS063 Individual State Agency Fiscal Note 3 Bill # 5167 E S SB
Individual State Agency Fiscal Note
Bill Number: 5167 E S SB Title: Linked deposit program Agency: 105-Office of Financial
Management
Part I: Estimates
X No Fiscal Impact
Estimated Cash Receipts to:
NONE
Estimated Operating Expenditures from:
NONE
Estimated Capital Budget Impact:
NONE
The cash receipts and expenditure estimates on this page represent the most likely fiscal impact. Factors impacting the precision of these estimates,
and alternate ranges (if appropriate), are explained in Part II.
Check applicable boxes and follow corresponding instructions:
If fiscal impact is greater than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete entire fiscal note
form Parts I-V.
If fiscal impact is less than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete this page only (Part I).
Capital budget impact, complete Part IV.
Requires new rule making, complete Part V.
Legislative Contact: Clinton McCarthy Phone: 360-786-7319 Date: 01/27/2020
Agency Preparation: Jim Jenkins Phone: 360-902-0403 Date: 01/28/2020
Agency Approval: Aaron Butcher Phone: 360-902-0406 Date: 01/28/2020
OFM Review: Bryan Way Phone: (360) 902-0650 Date: 01/30/2020
Form FN (Rev 1/00) 157,075.00 Request # 057-1
FNS063 Individual State Agency Fiscal Note 1 Bill # 5167 E S SB
Part II: Narrative Explanation
II. A - Brief Description Of What The Measure Does That Has Fiscal Impact
Briefly describe by section number, the significant provisions of the bill, and any related workload or policy assumptions, that have revenue or
expenditure impact on the responding agency.
There is no fiscal impact to the Office of Financial Management related to this bill. Any work related to this bill
can be done within current resources by reprioritizing workload.
II. B - Cash receipts Impact
Briefly describe and quantify the cash receipts impact of the legislation on the responding agency, identifying the cash receipts provisions by section
number and when appropriate the detail of the revenue sources. Briefly describe the factual basis of the assumptions and the method by which the
cash receipts impact is derived. Explain how workload assumptions translate into estimates. Distinguish between one time and ongoing functions.
II. C - Expenditures
Briefly describe the agency expenditures necessary to implement this legislation (or savings resulting from this legislation), identifying by section
number the provisions of the legislation that result in the expenditures (or savings). Briefly describe the factual basis of the assumptions and the
method by which the expenditure impact is derived. Explain how workload assumptions translate into cost estimates. Distinguish between one time
and ongoing functions.
Part III: Expenditure Detail
III. A - Operating Budget Expenditures
NONE
III. B - Expenditures by Object Or Purpose
NONE
III. C - Operating FTE Detail: List FTEs by classification and corresponding annual compensation. Totals need to agree with total FTEs in
Part I and Part IIIA
NONE
III. D - Expenditures By Program (optional)
NONE
Part IV: Capital Budget Impact
IV. A - Capital Budget Expenditures
NONE
IV. B - Expenditures by Object Or Purpose
NONE
IV. C - Capital Budget Breakout
Identify acquisition and construction costs not reflected elsewhere on the fiscal note and describe potential financing methods
NONE
Part V: New Rule Making Required
Linked deposit program 105-Office of Financial Management
Form FN (Rev 1/00) 157,075.00 Request # 057-1
FNS063 Individual State Agency Fiscal Note 2 Bill # 5167 E S SB
Individual State Agency Fiscal Note Revised
Bill Number: 5167 E S SB Title: Linked deposit program Agency: 147-Office of Minority
and Women's Business
Enterprises
Part I: Estimates
No Fiscal Impact
Estimated Cash Receipts to:
NONE
Estimated Operating Expenditures from:
FY 2020 FY 2021 2019-21 2021-23 2023-25
FTE Staff Years 0.0 0.5 0.3 0.5 0.5
Account
General Fund-State 001-1 0 77,692 77,692 143,484 143,484
Total $ 0 77,692 77,692 143,484 143,484
Estimated Capital Budget Impact:
NONE
The cash receipts and expenditure estimates on this page represent the most likely fiscal impact. Factors impacting the precision of these estimates,
and alternate ranges (if appropriate), are explained in Part II.
Check applicable boxes and follow corresponding instructions:
If fiscal impact is greater than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete entire fiscal note
X
form Parts I-V.
If fiscal impact is less than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete this page only (Part I).
Capital budget impact, complete Part IV.
Requires new rule making, complete Part V.
Legislative Contact: Clinton McCarthy Phone: 360-786-7319 Date: 01/27/2020
Agency Preparation: Paul Bitar Phone: 360-407-8129 Date: 02/13/2020
Agency Approval: Paul Bitar Phone: 360-407-8129 Date: 02/13/2020
OFM Review: Ramona Nabors Phone: (360) 902-0547 Date: 02/14/2020
Form FN (Rev 1/00) 159,489.00 Request # 147-5167AG-3
FNS063 Individual State Agency Fiscal Note 1 Bill # 5167 E S SB
Part II: Narrative Explanation
II. A - Brief Description Of What The Measure Does That Has Fiscal Impact
Briefly describe by section number, the significant provisions of the bill, and any related workload or policy assumptions, that have revenue or
expenditure impact on the responding agency.
SB 5167 Requires OMWBE to do the following new activities:
1. Remove a line of credit issued under the linked deposit program that has a zero balance for 12 or more months
from the program.
a. This would have a small increase to the work OMWBE currently does. Potentially, OMWBE could
work with the Treasury to have banks submit information on lines of credit as part of their monthly report and
then compile a list of lines of credit based on the report and check to see that they have utilized funds in the past
12 months. This is dependent on whether banks are willing to provide the information, which would help
substantially.
2. The priorities in new subsection (6)(f) would require rulemaking by OMWBE to set the details and procedures
for the priorities and then to implement, apply, and enforce the new provisions.
a. New rules would be a cost to promulgate and usher through the process.
b. If the intent is to have the new requirements apply to all Linked Deposit Loan applications received, the
changes in the bill will mean a higher workload impact. However, OMWBE assumes that the new priority
requirements would only apply as we approach the cap for the linked deposit loan program, set by statute at $175
million. While we are not currently at the cap, and assume that the priority would not apply (unless the intent is
otherwise, as noted earlier), we would need to determine at what amount (how close to the $175 million cap) to
begin applying the prioritization criteria, and then use FTE hours to apply the prioritization criteria for loan
applications. This is a new workload should the bill pass as written. If OMWBE begins experiencing the level of
interest in the linked deposit program that would put us into a situation where a waitlist may occur either
singularly or regularly, then this workload would increase as all applications would then need to have the
prioritization criteria apply.
c. To accommodate the changes within the bill, OMWBE would need additional funds (as outlined under
the expenditure section of this fiscal note).
II. B - Cash receipts Impact
Briefly describe and quantify the cash receipts impact of the legislation on the responding agency, identifying the cash receipts provisions by section
number and when appropriate the detail of the revenue sources. Briefly describe the factual basis of the assumptions and the method by which the
cash receipts impact is derived. Explain how workload assumptions translate into estimates. Distinguish between one time and ongoing functions.
II. C - Expenditures
Briefly describe the agency expenditures necessary to implement this legislation (or savings resulting from this legislation), identifying by section
number the provisions of the legislation that result in the expenditures (or savings). Briefly describe the factual basis of the assumptions and the
method by which the expenditure impact is derived. Explain how workload assumptions translate into cost estimates. Distinguish between one time
and ongoing functions.
As it currently stands, OMWBE has 0.25 of an FTE’s duties allocated to the linked deposit program. OMWBE
anticipates that it would need to hire 0.5 FTEs to address the additional workload associated with this bill. The
position would be a Management Analyst 4.
A detailed breakdown of the costs of this bill is provided in the attached "5167 ES SB Cost Estimate" Excel
workbook.
Linked deposit program 147-Office of Minority and Women's Business Enterpris
Form FN (Rev 1/00) 159,489.00 Request # 147-5167AG-3
FNS063 Individual State Agency Fiscal Note 2 Bill # 5167 E S SB
Part III: Expenditure Detail
III. A - Operating Budget Expenditures
Account Account Title Type FY 2020 FY 2021 2019-21 2021-23 2023-25
001-1 General Fund State 0 77,692 77,692 143,484 143,484
Total $ 0 77,692 77,692 143,484 143,484
III. B - Expenditures by Object Or Purpose
FY 2020 FY 2021 2019-21 2021-23 2023-25
FTE Staff Years 0.5 0.3 0.5 0.5
A-Salaries and Wages 40,146 40,146 80,292 80,292
B-Employee Benefits 20,186 20,186 40,372 40,372
C-Professional Service Contracts
E-Goods and Other Services 11,157 11,157 21,354 21,354
G-Travel 733 733 1,466 1,466
J-Capital Outlays 5,470 5,470
M-Inter Agency/Fund Transfers
N-Grants, Benefits & Client Services
P-Debt Service
S-Interagency Reimbursements
T-Intra-Agency Reimbursements
9-
Total $ 0 77,692 77,692 143,484 143,484
III. C - Operating FTE Detail: List FTEs by classification and corresponding annual compensation. Totals need to agree with total FTEs in
Part I and Part IIIA
Job Classification Salary FY 2020 FY 2021 2019-21 2021-23 2023-25
Management Analyst 4 80,292 0.5 0.3 0.5 0.5
Total FTEs 0.5 0.3 0.5 0.5
III. D - Expenditures By Program (optional)
NONE
Part IV: Capital Budget Impact
IV. A - Capital Budget Expenditures
NONE
IV. B - Expenditures by Object Or Purpose
NONE
IV. C - Capital Budget Breakout
Identify acquisition and construction costs not reflected elsewhere on the fiscal note and describe potential financing methods
NONE
Part V: New Rule Making Required
Linked deposit program 147-Office of Minority and Women's Business Enterpris
Form FN (Rev 1/00) 159,489.00 Request # 147-5167AG-3
FNS063 Individual State Agency Fiscal Note 3 Bill # 5167 E S SB
5167 ES SB Cost Estimate
Range/ Salary Number Number Number Number
Salaries: (A) Step Per Month Needed FY 2020 Needed FY 2021 Needed FY 2022 Needed FY 2023
MA4 Certification Outreach Analysts July 1, 2020 60/L $6,691 0 $0 0.50 $40,146 0.50 $40,146 0.50 40,146
Total Salary 0 $0 0.50 $40,146 0.50 $40,146 0.50 $40,146
Percentage Number Number Number Number
Benefits: (B) of salary Needed FY 2020 Needed FY 2021 Needed FY 2022 Needed FY 2023
OASI 0.062 0 2,489 2,489 2,489
Retirement (PERS employer rate) 0.1286 0 5,163 5,163 5,163
Medicare 0.0145 0 582 582 582
Health Insurance 976 0 0 11,712 0.50 11,712 0.50 11,712
Industrial Insurance
Class 4902 - Office Workers 480 0 0 0.50 240 0.50 240 0.50 240
Total Benefits $0 $20,186 $20,186 $20,186
Amount per Number Number Number Number
Goods & Services: Employee Needed FY 2020 Needed FY 2021 Needed FY 2022 Needed FY 2023
Supplies (EA) $600 0 $0 0.50 $300 0.5 $300 0.5 $300
Communications (EB) 0.0 0.0
Phone Line (Olympia area) 540 0 0 1.00 540 1.0 $540 1.0 $540
Switched Long Distance Service 125 0 0 1.00 125 1.0 $125 1.0 $125
Centurylink Voice Mail 42 0 0 1.00 42 1.0 $42 1.0 $42
Internet - VPN - One time set up fee 180 0 0 1.00 180 0.0 $0 1.0 $0
Internet - VPN Soft/Cert 108 0 0 1.00 108 1.0 $108 1.0 $108
Network/Desktop/Phone Support 3,500 0 0 0.00 0 0.0 0.0 $0
Email,Vault license & Filtering 59 0 0 1.00 59 1.0 $59 1.0 $59
Vault Storage - 2GB per person 30 0 0 1.00 30 1.0 $30 1.0 $30
Other (cell phone, pager, etc.) 1,080 0 0 1.00 1,080 1.0 $1,080 1.0 $1,080
Printing (EF) 50 0 0 0.50 25 0.5 $25 0.5 $25
Training (EG) 3,000 0 0 0.50 1,500 0.5 $1,500 0.5 $1,500
Public & Historic Facilities (EK) (if new FTE) 252 0 0 0.00 0 0.0 $0 0.0 $0
Payroll Processing (EL) 240 0 0 1.00 240 1.0 $240 1.0 $240
Personnel Service Fee (EN-0001) 0.008 0.0 $0 $0
(% of classified salaries) $0 $0
Personnel Labor Relations Fee (EN-0003) 0 $0 $0
(if a new Represented FTE) $0 $0
Software Licenses (EY) 500 0 0 1.00 500 1.00 $500 1 $500
One-time Costs: $0 $0
Phone Line/Data Cable Installation 300 0 0 1.00 300 $0 $0
Space Rent (ED) 6,128 0 0 1.00 6,128 1 6,128 1 6,128
Parking (ED) (Avg. Campus rate) 0 0 0.00 0 0 0 0 0
Small Agency Human Resources (EN) 0 0 0.00 0 0 0 0 0
Small Agency Financial Services (EK) 0 0 0.00 0 0 0 0 0
State Data Network (EL) 0 0 0.00 0 0 0 0 0
Enterprise Systems Rates (EL) 0 0 0.00 0 0 0 0 0
Security Gateway (EL) 0 0 0.00 0 0 0 0 0
Real Estate Services (EK) 0 0 0.00 0 0 0 0 0
DES Risk Management Fee (EP) 0 0 0.00 0 0 0 0 0
OFM Central Services (ER) 0 0 0.00 0 0 0 0 0
Total Goods & Services $11,157 $10,677 $10,677
Amount per Number Number Number Number
Travel: (G) Employee Needed FY 2020 Needed FY 2021 Needed FY 2022 Needed FY 2023
5 days per year, $151/day meals + lodging (low cost area rate) 755 0 0 0.50 378 1 378 1 378
Private Car Mileage 0
Mileage - 100 miles/day x 5 days x $0.575 per mile 288 0 0 0.50 144 1 144 1 144
Misc Costs - $25/day x 5 days 125 0 0 0.50 63 1 63 1 63
Airfare (1 flights estimated at $300) 300 0 0 0.50 150 1 150 1 150
Total Travel $0 $734 $734 $734
Amount per Number Number Number Number
Equipment: (J) Item Needed FY 2020 Needed FY 2021 Needed FY 2022 Needed FY 2023
Desk System 2,000 0 0 1.00 2,000
Desk Chair 600 0 0 1.00 600
Side Chair 235 0 0 1.00 235
File Cabinet 360 0 0 1.00 360
Bookcase 300 0 0 0.00 0
Laptop w/ LCD, Dock, Cable, Mouse, Keyboard 2,000 0 0 1.00 2,000
Ergonomic Keyboard 50 0 0 1.00 50
Security Lock 30 0 0 1.00 30
Phone 195 0 0 1.00 195
Total Equipment 0.0 $0 $5,470 $0 $0
Number Number Number Number
Other Costs: Amount Needed FY 2020 Needed FY 2021 Needed FY 2022 Needed FY 2023
120 0 0 0.00 0 0 0 0 0
Total Other Costs $0 $0 $0
Total Request - 77,692 - 71,742 - 71,742
Individual State Agency Fiscal Note
Bill Number: 5167 E S SB Title: Linked deposit program Agency: 179-Department of
Enterprise Services
Part I: Estimates
X No Fiscal Impact
Estimated Cash Receipts to:
NONE
Estimated Operating Expenditures from:
NONE
Estimated Capital Budget Impact:
NONE
The cash receipts and expenditure estimates on this page represent the most likely fiscal impact. Factors impacting the precision of these estimates,
and alternate ranges (if appropriate), are explained in Part II.
Check applicable boxes and follow corresponding instructions:
If fiscal impact is greater than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete entire fiscal note
form Parts I-V.
If fiscal impact is less than $50,000 per fiscal year in the current biennium or in subsequent biennia, complete this page only (Part I).
Capital budget impact, complete Part IV.
Requires new rule making, complete Part V.
Legislative Contact: Clinton McCarthy Phone: 360-786-7319 Date: 01/27/2020
Agency Preparation: Michael Diaz Phone: (360) 407-8131 Date: 01/29/2020
Agency Approval: Ashley Howard Phone: (360) 407-8159 Date: 01/29/2020
OFM Review: Bryan Way Phone: (360) 902-0650 Date: 01/30/2020
Form FN (Rev 1/00) 157,368.00 Request # -1
FNS063 Individual State Agency Fiscal Note 1 Bill # 5167 E S SB
Part II: Narrative Explanation
II. A - Brief Description Of What The Measure Does That Has Fiscal Impact
Briefly describe by section number, the significant provisions of the bill, and any related workload or policy assumptions, that have revenue or
expenditure impact on the responding agency.
Section 1(6) clarifies that the Office of Minority and Women's Business Enterprises has authority to adopt rules
to prioritize loans. This has no fiscal impact to the Department of Enterprise Services (DES).
Section 1(6)(f) is a new section that requires the State Treasurer office to ensure qualified loans under the linked
deposit program give priority for jobs created in communities with inadequate access to capital and for applicants
without preexisting loans. While this may increase the number of businesses that are able to compete for state
contracts, this has no fiscal impact to DES.
II. B - Cash receipts Impact
Briefly describe and quantify the cash receipts impact of the legislation on the responding agency, identifying the cash receipts provisions by section
number and when appropriate the detail of the revenue sources. Briefly describe the factual basis of the assumptions and the method by which the
cash receipts impact is derived. Explain how workload assumptions translate into estimates. Distinguish between one time and ongoing functions.
II. C - Expenditures
Briefly describe the agency expenditures necessary to implement this legislation (or savings resulting from this legislation), identifying by section
number the provisions of the legislation that result in the expenditures (or savings). Briefly describe the factual basis of the assumptions and the
method by which the expenditure impact is derived. Explain how workload assumptions translate into cost estimates. Distinguish between one time
and ongoing functions.
Part III: Expenditure Detail
III. A - Operating Budget Expenditures
NONE
III. B - Expenditures by Object Or Purpose
NONE
III. C - Operating FTE Detail: List FTEs by classification and corresponding annual compensation. Totals need to agree with total FTEs in
Part I and Part IIIA
NONE
III. D - Expenditures By Program (optional)
NONE
Part IV: Capital Budget Impact
IV. A - Capital Budget Expenditures
NONE
IV. B - Expenditures by Object Or Purpose
NONE
IV. C - Capital Budget Breakout
Identify acquisition and construction costs not reflected elsewhere on the fiscal note and describe potential financing methods
NONE
Linked deposit program 179-Department of Enterprise Services
Form FN (Rev 1/00) 157,368.00 Request # -1
FNS063 Individual State Agency Fiscal Note 2 Bill # 5167 E S SB
Part V: New Rule Making Required
Linked deposit program 179-Department of Enterprise Services
Form FN (Rev 1/00) 157,368.00 Request # -1
FNS063 Individual State Agency Fiscal Note 3 Bill # 5167 E S SB
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