FISCAL NOTE
Date Requested: January 25, 2023
Time Requested: 03:50 PM |
| Agency: |
Workforce WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2927 |
Introduced |
HB3031 |
|
|---|
| CBD Subject: |
Crime |
|---|
|
FUND(S):
Special Revenue
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Revenue, Creates New Expense, Creates New Fund: Displaced Racing Workers Employment Retraining Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The portion of this code related to WorkForce WV will create no new revenue for State government and expenses will be from the $3 million special revenue that is funds withheld by the Racing Commission.
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 |
3,000,000 |
3,000,000 |
| Personal Services |
0 |
300,000 |
300,000 |
| Current Expenses |
0 |
2,700,000 |
2,700,000 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
3,000,000 |
3,000,000 |
Explanation of above estimates (including long-range effect):
Current Expenses of $2,700,000 will be used for the retraining of workers with a direct relationship to the greyhound racing industry. The Personal Services of $300,000 will be for salaries and benefits for those individuals working on placing the displaced greyhound workers in training programs.
Memorandum
The one area of vagueness for WorkForce WV is will any of the $3 million be allowable for administrative expenses, such as salaries and benefits. Ten percent was included in the Fiscal Note Detail section above for the administrative expenses. These will not be allowable expense to our federal grants when program staff are directly working with these participants.
Person submitting Fiscal Note: Jane Shinn
Email Address: Jane.Shinn@wv.gov