FISCAL NOTE

Date Requested: February 11, 2021
Time Requested: 02:03 PM
Agency: Administration, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
1495 Introduced SB243
CBD Subject: Roads and Transportation


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 estimated at $14,160.00



Fiscal Note Detail


Effect of Proposal Fiscal Year
2021
Increase/Decrease
(use"-")
2022
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 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):


If this legislation passes and accessible parking becomes cost free, annual parking revenue at the Capitol Complex would decrease by approximately $14,160.



Memorandum


If this legislation passes and accessible parking becomes cost free, annual parking revenue at the Capitol Complex would decrease by approximately $14,160. The Department of Administration has no way of estimating accessible parking revenue for properties outside of the Complex. Costs are charged for parking at many state buildings located throughout the state, including higher education institutions.



    Person submitting Fiscal Note: Misty Peal and Sarah Long
    Email Address: misty.peal@wv.gov