FISCAL NOTE
Date Requested: March 02, 2021
Time Requested: 11:38 AM |
| Agency: |
Education, WV State Board of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2976 |
Introduced |
HB2852 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
N/A
Sources of Revenue:
Other Fund N/A
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There is no additional cost to the State for the proposed legislation. The legislation does not change the amount of the allowance for increased enrollment; it only changes how the funds are distributed to county boards of education.
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 |
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 |
0 |
0 |
Explanation of above estimates (including long-range effect):
N/A
Memorandum
The WV Department of Education (WVDE) is currently required to distribute 60% of the Allowance for Increased Enrollment to the county boards of education annually before September 1st based on the projected enrollment for the school year. This 60%
distribution based on projected enrollment results in many county boards of education having to return funds to the WVDE each year when the actual enrollment counts are available and the final amount of funding to which each county board of education is entitled is known. Simplifying the process into one distribution based on actual enrollment counts will increase administrative efficiency for both the WVDE and the county boards of education. Further, the change in the distribution should not cause a financial hardship to the county boards of education and the legislation includes a provision to allow the State Superintendent to advance funds to a county board of education upon request.
Person submitting Fiscal Note: Sharon Newhouse
Email Address: snewhouse@k12.wv.us