OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS

Report No: 551
Date: 01/12/01

1. LAW NUMBER: P.L.106-577 (S. 2749)
2. BILL TITLE: California Trail Interpretive Act
3. BILL PURPOSE: (1) Establishes the California Trail Interpretive Center near Elko, Nevada; (2) Authorizes the conveyance of National Forest System lands to public school districts for educational purposes; (3) Provides for a study of the Golden Spike/Crossroads of the West Heritage Area Study near Ogden, Utah; and (4) Establishes the West Historic District in Ogden, Utah.
4. OMB ESTIMATE: P.L.106-577 authorizes the acceptance of donations from the state of Nevada, Elko County, and the city of Elko to build the proposed interpretive center. Cash donations received can be spent without further appropriation. A lag is expected between the receipt of the donations and the spending of the money.

 

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Net costs....................................	0	0	0	-3	3	0

 

5. CBO ESTIMATE:

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Net costs....................................	0	0	0	-3	3	0

 

6. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:

 

OMB and CBO have the same estimates.

7. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Outlay effect..............	34	7,887	12,198	14,554	15,750	16,863
Receipt effect............	-8	-2,558	-3,850	-3,906	-3,582	-3,806
Net costs....................	42	10,445	16,048	18,460	19,332	20,669

NOTE: Pursuant to P.L.106-554, the pay-as-you-go balances that would result in a sequester for FY 2001 will be set to zero in OMB's final sequestration report.