FISCAL NOTE
Date Requested: February 12, 2015
Time Requested: 10:03 AM |
| Agency: |
Highways, Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2937 |
Introduced |
HB2706 |
|
|---|
| CBD Subject: |
State Personnel |
|---|
|
FUND(S):
Sources of Revenue:
Other Fund State Road Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The Division of Highways estimated cost would be approximately $2,943,000 to be taken out of State Road Fund for funding respected named employee salaries. (2%across the board pay increase to employees with an annual salary less than $50,000.)
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2015
Increase/Decrease
(use"-") |
2016
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| 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 |
2,943,000 |
2,943,000 |
Explanation of above estimates (including long-range effect):
The estimated cost of a 2% across the board pay increase granted to eligible employees of the Division of Highways (DOH) would be approximately $2,943,000. Noting, the eligible employee's annual salary would be less than $50,000 on the effective date of this Act (July 1, 2015) The total DOH eligible employee count as of February 12, 2015 is 4,969.
Memorandum
Person submitting Fiscal Note: Lorrie Hodges
Email Address: lorrie.a.hodges@wv.gov