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FISCAL IMPACT STATEMENT Motion Without Notice: MM3.24 OperatingTotal Operating Impact: $35,000 2019 Gross Financial Impact:$35,0002020 Gross Net(gross)2021 Gross Net 0__ (net)2022 Gross Net$0 Funding

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How to fill out fiscal impact statement motion

01

Gather all necessary data about the proposed initiative or legislation

02

Identify all potential financial impacts including costs and revenues

03

Fill out the fiscal impact statement template provided by the governing body

04

Be sure to include all relevant information and document sources for the data provided

05

Submit the completed fiscal impact statement motion to the appropriate department or committee for review

Who needs fiscal impact statement motion?

01

Government officials

02

Policy makers

03

Budget analysts

04

Administrators

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What is fiscal impact statement motion?

A fiscal impact statement motion is a formal document that outlines the financial implications of proposed legislation or policy changes, assessing how they will affect the budget and fiscal resources of a governmental entity.

Who is required to file fiscal impact statement motion?

Typically, legislators, government officials, or agencies proposing new legislation or amendments to existing laws are required to file a fiscal impact statement motion.

How to fill out fiscal impact statement motion?

To fill out a fiscal impact statement motion, one must provide details about the proposed legislation, including the estimated costs, potential revenue changes, and other relevant financial data along with any assumptions made.

What is the purpose of fiscal impact statement motion?

The purpose of a fiscal impact statement motion is to inform policymakers and the public about the financial effects of proposed actions, ensuring that decision-makers consider budgetary impacts before enacting new laws.

What information must be reported on fiscal impact statement motion?

A fiscal impact statement motion must report information such as the projected financial costs, potential revenue impacts, sources of funding, analysis of economic factors, and any long-term fiscal implications.

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