Get the free ADMINISTRATIVE RULES Fiscal Estimate and Economic Impact Analysis - Form DOA-2049 - ...

STATE OF WISCONSIN DEPARTMENT OF ADMINISTRATION DOA2049 (R03/2012) DIVISION OF EXECUTIVE BUDGET AND FINANCE 101 EAST WILSON STREET, 10TH FLOOR P.O. BOX 7864 MADISON, WI 537077864 FAX: (608) 2670372

How to fill out administrative rules fiscal estimate

How to fill out administrative rules fiscal estimate:

1. Start by gathering all the necessary information related to the proposed administrative rule. This may include details about the rule itself, its purpose, potential impacts, and costs involved.
2. Identify the fiscal impacts of the rule. This involves assessing both direct and indirect costs associated with implementing the rule. Consider factors such as staffing, materials, equipment, training, and any potential revenue changes.
3. Use the provided administrative rules fiscal estimate form or template. Ensure that you have the correct version of the form, as it may vary based on jurisdiction or specific requirements.
4. Begin filling out the form by providing general information about the administrative rule, such as its title, date, and relevant agency or department.
5. Specify the estimated cost of implementing the rule. Break down the costs in detail, including any one-time or ongoing expenses, as well as personnel and non-personnel costs.
6. Describe any potential savings or revenue changes that may result from the administrative rule. This could include any projected increase in revenue or reduced costs for the government or affected entities.
7. Estimate the impact on businesses, organizations, or individuals affected by the rule. Consider the financial burden or benefit it may impose and provide any relevant data or analysis to support your estimates.
8. Evaluate if there are any potential alternative approaches to achieving the desired outcomes of the rule that could be more cost-effective. Provide a brief analysis of these alternatives, including their potential benefits and drawbacks.
9. Finally, review the completed administrative rules fiscal estimate for accuracy and clarity. Ensure that all necessary information has been included and that the estimates are reasonable and well-supported.

Who needs administrative rules fiscal estimate?

Administrative rules fiscal estimates are typically required by government agencies or departments responsible for developing and implementing new rules or regulations. This may include legislative bodies, regulatory agencies, or executive branches of government. The purpose of these estimates is to provide decision-makers with a comprehensive understanding of the potential financial implications of proposed administrative rules before they are implemented. Additionally, stakeholders, such as businesses, organizations, or individuals affected by the rule, may also benefit from having access to this information to assess its impact on their own operations or finances.

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What is administrative rules fiscal estimate?

Administrative rules fiscal estimate is an estimate of the potential costs associated with implementing new or amended administrative rules.

Who is required to file administrative rules fiscal estimate?

State agencies or departments responsible for proposing new or amended administrative rules are required to file administrative rules fiscal estimate.

How to fill out administrative rules fiscal estimate?

Administrative rules fiscal estimate must include detailed information about the potential costs and economic impact of the proposed new or amended administrative rules.

What is the purpose of administrative rules fiscal estimate?

The purpose of administrative rules fiscal estimate is to provide decision-makers with an understanding of the financial implications of proposed new or amended administrative rules.

What information must be reported on administrative rules fiscal estimate?

Administrative rules fiscal estimate must include information such as estimated costs, potential revenue impacts, staffing needs, and any other financial considerations.