FISCAL NOTE

Date Requested: February 10, 2017
Time Requested: 03:11 PM
Agency: Budget Office, WV State
CBD Number: Version: Bill Number: Resolution Number:
1316 Introduced HB2174
CBD Subject: Salaries


FUND(S):

All funding sources

Sources of Revenue:

General Fund,Special Fund,Other Fund all other funds

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    HB2174 authorizes a $1,000 cost-of-living raise to all state employees, PERS annuitants, TRS annuitants, teachers and school personnel other than teachers.
    
    Estimated costs:
    State Employees $44,267,000
    Teachers 27,050,000
    Service Pers 16,620,000
    Total costs $87,937,000
    
    Please note for this fiscal note: The State Budget Office does not have the data to compute costs associated with PERS & TRS in this bill. The Retirement Board would have to calculate those costs.
    



Fiscal Note Detail


Effect of Proposal Fiscal Year
2017
Increase/Decrease
(use"-")
2018
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 87,937,000 87,937,000
Personal Services 0 87,937,000 87,937,000
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):


    Estimated costs for state employees:
    General Fund $61,470,000
    Lottery Fund 250,000
    Road Fund 6,300,000
    Federal Funds 4,800,000
    All Other Funds 15,117,000
    Total St. Employ $87,937,000
    
    Please note for this fiscal note: The State Budget Office does not have the data to compute costs associated with PERS & TRS in this bill. The Retirement Board would have to calculate those costs.
    
    



Memorandum


    Please note for this fiscal note: The State Budget Office does not have the data to compute costs associated with PERS & TRS in this bill. The Retirement Board would have to calculate those costs.
    
    



    Person submitting Fiscal Note: Mike McKown
    Email Address: mike.p.mckown@wv.gov