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