FISCAL NOTE
Date Requested: March 02, 2021
Time Requested: 04:36 PM |
| Agency: |
Development Office |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2252 |
Introduced |
SB445 |
|
|---|
| CBD Subject: |
Taxation |
|---|
|
FUND(S):
General Revenue
Sources of Revenue:
General Fund
Legislation creates:
Creates New Expense, Creates New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Development Office would need to hire 3 FTE and have operating expenses to operate this program.
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 |
0 |
0 |
| Personal Services |
0 |
232,638 |
232,638 |
| Current Expenses |
0 |
167,362 |
167,362 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
400,000 |
400,000 |
Explanation of above estimates (including long-range effect):
$232,638 personal services and benefits for a total of $232,638
$167,362 current expenses
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: Kimberly Miller
Email Address: kimberly.l.miller@wv.gov