FISCAL NOTE
Date Requested: January 23, 2023
Time Requested: 04:20 PM |
| Agency: |
Secretary of State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1933 |
Introduced |
HB2764 |
|
|---|
| CBD Subject: |
Constitutional Officers |
|---|
|
FUND(S):
0155
Sources of Revenue:
General Fund
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The costs of the state will increase by the total amount of annual salary increase + increases in benefits.
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 |
0 |
700,000 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
475,000 |
| 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):
Current constitutional officers' salaries (minus Governor) = $475,000. Increase of $45,000 for each constitutional officer = $225,000, for a total of $700,000 annual cost of gross salary for constitutional officers (minus Governor, whose salary is unchanged by proposal).
These estimates do not include associated increases in benefits, which may vary between the constitutional offices.
Memorandum
N/a.
Person submitting Fiscal Note: Donald Kersey
Email Address: dkersey@wvsos.gov