FISCAL NOTE
Date Requested: January 23, 2015
Time Requested: 10:10 AM |
| Agency: |
Education, Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1988 |
Introduced |
HB2163 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
Sources of Revenue:
Other Fund N/A
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this bill is to increase salaries for school service personnel by $500 effective July 1, 2015.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2015
Increase/Decrease
(use"-") |
2016
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
8,528,132 |
8,528,132 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
8,528,132 |
8,528,132 |
| 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 estimated cost to the state under the Public School Support Program is $8,528,132. This total estimated cost includes an increase in Step 2, the allowance for service personnel salaries of $6,266,077; an increase in Step 3, the allowance for fixed charges of $538,883; an increase in Step 6, the allowance for other current expense and substitutes of $783,260; and in increase in retirement costs of $939,912.
Please note that the estimate assumes that the $500 increase will be through the basic salary table set forth in WVC 18A-4-8a(a)(1) instead of through the state equity provision set forth in WVC 18A-4-8a(f). The proposed legislation does not specify which portion of the State Minimum Pay Scale will be impacted.
Memorandum
Person submitting Fiscal Note: Brenda Freed
Email Address: bfreed@k12.wv.us