FISCAL NOTE
Date Requested: January 15, 2020
Time Requested: 05:25 PM |
| Agency: |
Administration, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2470 |
Introduced |
HB2877 |
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|---|
| CBD Subject: |
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FUND(S):
Parking Fund
Sources of Revenue:
Special Fund
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Annual decrease in revenue is estimated at $14,160.00
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2020
Increase/Decrease
(use"-") |
2021
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
14,160 |
14,160 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
14,160 |
| 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):
If this bill passes and the cost for accessible parking were eliminated, it would decrease parking revenue annually by $14,160. This represents the Capitol Complex only (which is managed by the Department of Administration).
The Department of Administration has no way of estimating state property accessible parking revenue outside of the Capitol Complex. There are many other state buildings where fees are charged for parking, such as higher education institutions and other lots located across the state.
Memorandum
The Department of Administration has no way of estimating other state property’s accessible parking revenue outside of the Capitol Complex. There are many other state buildings that charge a fee for parking, such as higher education institutions and other lots located across the state.
Person submitting Fiscal Note: Misty Peal and Sarah Long
Email Address: misty.peal@wv.gov