FISCAL NOTE
Date Requested: January 16, 2015
Time Requested: 11:13 AM |
| Agency: |
Corrections |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1898 |
Introduced |
SB115 |
|
|---|
| CBD Subject: |
Corrections |
|---|
|
FUND(S):
0450, 0446, 6303
Sources of Revenue:
General Fund,Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
General Revenue impact would be $6,730,891. We currently do not have the funds to cover this additional cost and would need our General Revenue Increased in order for this to take place
Calculations are based on 2,311.75 FTE's receiving a $2,008 pay raise ($4,641,994) and Estimated Benefits @ 45% (2,088,897).
These calculations are based on the effective date being 7/1/15 (FY 2016).
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2015
Increase/Decrease
(use"-") |
2016
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
6,730,891 |
6,730,891 |
| Personal Services |
0 |
6,730,891 |
6,730,891 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
General Revenue
2311.75 FTE's $2,008 $4,641,994
Estimated Benefits 45% $2,088,897
Total annual General Revenue Increase $6,730,891
Memorandum
Special Revenue impact on WV Prison Correctional Industries ($113,552)
39 FTE's - receiving a $2,008 pay raise ($78,312) and estimated benfits @ 45% ($35,240).
THese FTE's were not included in the original amounts above and would have minimal fiscal impact to the Division of Corrections
Person submitting Fiscal Note: Bryan Arthur
Email Address: Bryan.D.Arthur@wv.gov