FISCAL NOTE
Date Requested: January 31, 2015
Time Requested: 11:36 AM |
| Agency: |
Education, Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1914 |
Introduced |
HB2438 |
|
|---|
| CBD Subject: |
Salaries |
|---|
|
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 one of the educational increments for school service personnel from $11 per month to $15 per month.
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 |
1,276,857 |
1,276,857 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
1,276,857 |
1,276,857 |
| 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 (PSSP) for the proposed increase in the service personnel educational increments is $1,276,857. This total includes estimated increases in Step 2 (salaries) of $938,176, Step 3 (fixed costs) of $80,683, Step 6 (current expense/substitutes) of $117,272 and retirement of $140,726.
The estimated cost could vary annually based on the educational level of the service personnel employed by the county boards of education.
Memorandum
Person submitting Fiscal Note: Brenda Freed
Email Address: bfreed@k12.wv.us