FISCAL NOTE
Date Requested: January 14, 2023
Time Requested: 03:13 PM |
| Agency: |
Community & Technical College System, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2018 |
Introduced |
HB2005 |
|
|---|
| CBD Subject: |
Education (Higher) |
|---|
|
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.
The proposed bill establishes Dual Enrollment Pilot Program to provide funding for secondary school students to take college courses while in high school.
The annual cost of the Dual Enrollment Pilot Program is estimated at $5.8 million.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2023
Increase/Decrease
(use"-") |
2024
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
5,810,625 |
5,810,625 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
5,810,625 |
5,810,625 |
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.
The estimated cost is based on the following considerations and assumptions:
- The average annual number of high school students enrolling in public higher education institution in West Virginia over the last 3 academic years.
- The average number of courses taken per academic year (2.5 courses per student per year).
- Courses are three credit hours
Future costs will be determined after the pilot program is executed but should be in the same range as provided.
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: Robert Wallett
Email Address: robert.wallett@wvhepc.edu