FISCAL NOTE
Date Requested: January 31, 2022 Time Requested: 04:03 PM |
Agency: |
State Police, WV |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2356 |
Introduced |
HB4473 |
|
CBD Subject: |
Salaries |
---|
|
FUND(S):
General
Sources of Revenue:
General Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
This piece of legislation provides certain members of the state police with up to $10,000 per year locality pay. Based on the assumptions below, the fiscal impact would be approximately $497,945.00
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2022 Increase/Decrease (use"-") |
2023 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
497,945 |
497,945 |
Personal Services |
0 |
497,945 |
497,945 |
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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
For the purpose of this estimate, the assumption is made that locality pay would apply to the 41 uniformed members who currently reside in and are stationed in Berkeley, Jefferson, and Morgan Counties.
Number Locality pay
of Troopers per Trooper Subtotal
41 $10,000.00 $410,000.00
Benefits: Medicare $5,945.00 1.45%
Retirement $82,000.00 20%
Total $497,945.00
Appropriations:
0453-00100 Personal Services $415,945.00
0453-60500 Trooper Retirement $82,000.00
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: Connie E Gundy, Comptroller
Email Address: connie.e.gundy@wvsp.gov