FISCAL NOTE

Date Requested: February 11, 2020
Time Requested: 12:11 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
2890 Introduced HB4794
CBD Subject: Motor Vehicles


FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Creates New Revenue, Creates New Expense



Fiscal Note Summary


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


The purpose of this bill is to authorize the Division of Motor Vehicles to issue custom license plates bearing the logo of a business that registers a fleet of 25 or more vehicles. The bill establishes criteria for businesses that would like custom license plates for their vehicles, each business must submit applications for at least twenty-five (25) registration plates. This fiscal note assumes one business will submit the minimum twenty-five (25) applications. The Division estimates it will cost $5,750 (50 hrs. x $115/hr.) for programming the cash register, and $3,600 (40 hrs. x $90/hr.) for mainframe programming. Registration plates of this nature cost approximately $7 per plate. Based upon one company submitting the minimum required applications, total cost of registration plates would be $175 (25 x $7). Total Current expense would be $9,525 ($3,600 + $5,750 + $175). The Bill establishes a one-time fee of $75 per plate for a total initial application fee of $1,875 ($75 x 25). The bill also establishes an annual fee of $25 per plate for a total annual fee of $625 ($25 x 25). Total revenue generated first year would be $2,500 ($1,875 + $625).



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 9,525 0
Personal Services 0 0 0
Current Expenses 0 9,525 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 2,500 625


Explanation of above estimates (including long-range effect):


Programming Cost $3,600 Mainframe $5,750 Cash Register $175 New Registration Plate $9,525 Total Cost Revenue $1,875 One time fee $625 Annual fee $2,500 Total First Year Revenue



Memorandum


The current demand for technical expertise and support on the Division exceeds our current resource level. This bill will require additional technical expertise and support. Therefore, the Division needs to add an Information Systems Manager 1 position at an estimated annual cost of $79,500 (Salary and Benefits) and a Programmer Analyst 3 position at an estimated annual cost of $75,000 (Salary and Benefits).



    Person submitting Fiscal Note: Raeann Kriner
    Email Address: raeann.k.kriner@wv.gov