FISCAL NOTE

Date Requested: January 09, 2019
Time Requested: 05:41 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1383 Introduced SB79
CBD Subject: Education (K12)


FUND(S):

0589

Sources of Revenue:

General Fund

Legislation creates:

Creates New Revenue, Creates New Expense



Fiscal Note Summary


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


Senate Bill 79, if enacted, would establish the Katherine Johnson Academy as magnet school programs at colleges and universities in West Virginia, authorizing the establishment of residential programs and commuter programs at colleges and universities. In addition, it would establish the Academy of Mathematics and Science, and the Academy for the Performing Arts. It would also require that students accepted and admitted into a magnet school program receive the PROMISE scholarship and a scholarship from the Katherine Johnson Scholarship Fund. No county board or public higher education institution would be required to participate in the program. It is anticipated that no additional costs would be associated with this proposed legislation.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2019
Increase/Decrease
(use"-")
2020
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):


Because the program is voluntary, it is not possible to determine how many students would be enrolled in the Katherine Johnson Academy. It is unlikely that program-related expenditures by colleges and universities would exceed revenues because most of the institutions have excess capacity. Absent any discussion in the bill regarding an increase in PROMISE scholarship funding, it is assumed that the additional students would be absorbed with existing funding by tightening the PROMISE requirements for all students. If restrictions would not be tightened, it would cost $4,750 per additional PROMISE recipient. If 1,000 students were enrolled, the cost of the additional PROMISE scholarships would be $4,750,000. The PROMISE expense would rise at first but then could possibly return to a normal level if these students were being moved through higher education in an earlier timeframe.



Memorandum






    Person submitting Fiscal Note: Ed Magee
    Email Address: edward.magee@wvhepc.edu