FISCAL NOTE

Date Requested: February 04, 2019
Time Requested: 01:05 PM
Agency: Education, WV State Board of
CBD Number: Version: Bill Number: Resolution Number:
2496 Introduced SB513
CBD Subject: Education (K12)


FUND(S):

N/A

Sources of Revenue:

Other Fund N/A

Legislation creates:





Fiscal Note Summary


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


Currently personal finance standards make-up one fourth of the Civics course which is required for graduation. The cost reflects the expense of bringing 10 teachers, higher education professionals, and other experts together for at least two face-to-face meetings to create a full credit course in personal finance.



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 10,000 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):


Currently personal finance standards make-up one fourth of the Civics course which is required for graduation. The cost reflects the expense of bringing 10 teachers, higher education professionals, and other experts together for at least two face-to-face meetings to create a full credit course in personal finance. If this change must result in a separate stand-alone course, the State Board would be required to increase graduation requirements that have previously been determined by State Board rule. Additionally, counties may incur the cost of hiring additional teachers and procuring instructional materials. Instructional material procurement is currently governed by ยง18-2A-10.



Memorandum






    Person submitting Fiscal Note: Brenda Freed
    Email Address: bfreed@k12.wv.us