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Lisa Her bold LEGPrincipalReductionReso December 4, 2013, Version #2 Form revised: December 12, 2012, FISCAL NOTE FOR CAPITAL PROJECTS Department: Legislative Contact Person/Phone: Lisa Her bold/45331
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How to fill out fiscal note for non-capital

How to fill out a fiscal note for non-capital:
01
Identify the purpose: Determine the reason for filling out the fiscal note for a non-capital project or initiative. This could include a proposal for a new program, changes to existing policies, or budget modifications.
02
Gather relevant information: Collect all necessary data and information required for the fiscal note. This may include financial projections, cost estimates, potential revenue sources, and any relevant economic impact analyses.
03
Identify potential stakeholders: Consider who will be impacted by the non-capital project or initiative and involve them in the fiscal note process. This could include government agencies, community organizations, businesses, or individuals who may have an interest in the project.
04
Estimate costs and benefits: Assess both the financial costs and potential benefits associated with the non-capital project. This includes estimating the expenses involved, such as staffing, equipment, and supplies, as well as potential savings, additional revenue, or economic growth that could result from the initiative.
05
Analyze potential risks: Identify and evaluate any risks or challenges that may be associated with the non-capital project. This could include financial risks, legal considerations, or potential negative impacts on affected stakeholders.
06
Draft the fiscal note: Use the gathered information to compose a comprehensive fiscal note for the non-capital project. This should provide a clear and concise overview of the project's financial implications, potential benefits, and any associated risks.
Who needs a fiscal note for non-capital:
01
Government agencies: Fiscal notes are often required by government agencies to assess the financial impact of proposed non-capital projects. This helps policymakers make informed decisions regarding budget allocations and resource allocation.
02
Legislative bodies: In many jurisdictions, legislative bodies, such as state legislatures or city councils, may require fiscal notes for non-capital proposals before they can be considered for approval. These bodies rely on fiscal notes to evaluate the feasibility and financial implications of new initiatives.
03
Stakeholders and interest groups: Non-capital projects can have wide-ranging impacts on various stakeholders, such as businesses, community organizations, and individuals. These groups may request or review fiscal notes to understand the financial consequences to assess the viability and potential benefits of the proposal.
In conclusion, filling out a fiscal note for non-capital projects involves identifying the purpose, gathering relevant information, estimating costs and benefits, analyzing risks, and drafting a comprehensive fiscal note. Government agencies, legislative bodies, and stakeholders are among those who typically need a fiscal note for non-capital initiatives.
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What is fiscal note for non-capital?
The fiscal note for non-capital is a document that estimates the financial impact of a proposed non-capital project or legislation.
Who is required to file fiscal note for non-capital?
Government agencies or departments responsible for the proposed non-capital project or legislation are required to file the fiscal note.
How to fill out fiscal note for non-capital?
Fiscal notes for non-capital projects can be filled out by providing detailed information on the expected costs and revenues associated with the project or legislation.
What is the purpose of fiscal note for non-capital?
The purpose of the fiscal note for non-capital is to inform decision-makers about the financial implications of the proposed project or legislation.
What information must be reported on fiscal note for non-capital?
The fiscal note for non-capital must include information on the estimated costs, revenues, funding sources, and potential economic impact of the proposed project or legislation.
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