FISCAL NOTE

Date Requested: January 15, 2020
Time Requested: 05:25 PM
Agency: Administration, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
2470 Introduced HB2877
CBD Subject:


FUND(S):

Parking Fund

Sources of Revenue:

Special Fund

Legislation creates:

Decreases Existing Revenue



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    Annual decrease in revenue is estimated at $14,160.00



Fiscal Note Detail


Effect of Proposal Fiscal Year
2020
Increase/Decrease
(use"-")
2021
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 14,160 14,160
Personal Services 0 0 0
Current Expenses 0 0 14,160
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):


    If this bill passes and the cost for accessible parking were eliminated, it would decrease parking revenue annually by $14,160. This represents the Capitol Complex only (which is managed by the Department of Administration).
    
    The Department of Administration has no way of estimating state property accessible parking revenue outside of the Capitol Complex. There are many other state buildings where fees are charged for parking, such as higher education institutions and other lots located across the state.



Memorandum


    The Department of Administration has no way of estimating other state property‚Äôs accessible parking revenue outside of the Capitol Complex. There are many other state buildings that charge a fee for parking, such as higher education institutions and other lots located across the state.



    Person submitting Fiscal Note: Misty Peal and Sarah Long
    Email Address: misty.peal@wv.gov