FISCAL NOTE
Date Requested: February 17, 2021
Time Requested: 01:17 PM |
| Agency: |
Public Service Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1615 |
Introduced |
HB2588 |
|
|---|
| CBD Subject: |
Public Service Commission |
|---|
|
FUND(S):
Public Service Commission Utilities Fund 8623
Sources of Revenue:
Special Fund
Legislation creates:
Increases Existing Expenses
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.
As proposed,HB2588 requires one additional engineering position to absorb the additional duties.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2021
Increase/Decrease
(use"-") |
2022
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
102,980 |
101,836 |
| Personal Services |
0 |
99,436 |
99,436 |
| Current Expenses |
0 |
2,400 |
2,400 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
1,144 |
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.
As proposed,HB2588 requires one additional engineering position to absorb the additional duties.
PERSONAL SERVICES
1. Estimated salary:$73,656
2. Estimated benefits:$25,780 (benefit load rate 35%)
3. Total estimated Personal Services:$99,436
ASSETS
1. Estimated computer cost:$874
2. Estimated printer costs:$270
3. Total estimated Assets:$1,144
CURRENT EXPENSES
1. Estimated Current Expenses: $2,400 ($200 per month)
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.
As proposed,HB2588 requires one additional engineering position to absorb the additional duties.
Person submitting Fiscal Note: Cheryl A. Ranson
Email Address: cranson@psc.state.wv.us