FISCAL NOTE
Date Requested: February 13, 2023
Time Requested: 12:53 PM |
| Agency: |
Education, WV State Board of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3757 |
Introduced |
HB3408 |
|
|---|
| CBD Subject: |
Education (Higher) |
|---|
|
FUND(S):
0313
Sources of Revenue:
General Fund N/A
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There is no additional estimated cost to the State under the Public School Support Plan (PSSP). However, the proposed changes to W. Va. Code §18-9A-25(a), regarding how the annual appropriation request is determined, could result in increased annual appropriations until such time as the Hope Scholarship Program (the Program) is expanded to all West Virginia students.
There is no additional cost to the West Virginia Board of Education (State Board) for this proposed legislation because additional duties of the State Board, as contemplated by §18-8-1b(a)(5) in proposed legislation would be absorbed as additional regular business items.
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 |
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):
The proposed legislation would only result in a timing difference and would have no additional fiscal impact than is already expected at full implementation of the Program.
Please note, the State Board’s operating budget is for administrative costs and normal operations. However, if unanticipated additional costs to the State Board would arise as a result of the proposed legislation, the State Board’s administrative budget would not be sufficient.
Memorandum
N/A
Person submitting Fiscal Note: Stephanie Abraham
Email Address: stephanie.abraham@k12.wv.us