FISCAL NOTE
Date Requested: February 13, 2017 Time Requested: 01:38 PM |
Agency: |
Workforce WV |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1018 |
Introduced |
HB2372 |
|
CBD Subject: |
Labor |
---|
|
FUND(S):
0572 WORKFORCE WV
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Workforce WV estimates that assembling the data as to the fair minimum wage rates and filing those wage rates annually will cost approximately $100,000.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2017 Increase/Decrease (use"-") |
2018 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
100,000 |
100,000 |
Personal Services |
0 |
75,000 |
7,500 |
Current Expenses |
0 |
25,000 |
25,000 |
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):
The greatest resource necessary for the calculation of the wage rate is Personal Services. Staff is necessary to distribute and analyze wage rate surveys. Workforce WV estimates Personal Services costs to be $75,000 annually. Current expenses include creation, printing, and postage of the wage rate surveys, estimated to be $25,000 annually.
Memorandum
Person submitting Fiscal Note: MICHELLE PAINTER
Email Address: MICHELLE.PAINTER@WV.GOV