FISCAL NOTE
 
| Date Requested: January 25, 2022 Time Requested: 11:29 AM
 | | Agency: | Workforce WV | 
|---|
 | CBD Number: | Version: | Bill Number: | Resolution Number: |  | 1798 | Introduced | SB2 |  | 
|---|
 | CBD Subject: | Unemployment Compensation | 
|---|
 | 
 
FUND(S):
 
Federal Revenue 
Sources of Revenue:
Other Fund Federal Revenue
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There will be additional costs for programming existing software to capture and/or calculate the indexing rate.  The programming is expected to cost $5,000.  This bill will generate no additional revenue and will be fully funded by existing federal grants.
Fiscal Note Detail
	
    | Effect of Proposal | Fiscal Year | 
    | 2022 Increase/Decrease
 (use"-")
 | 2023 Increase/Decrease
 (use"-")
 | Fiscal Year (Upon Full
 Implementation)
 | 
    | 1. Estmated Total Cost | 5,000 | 0 | 5,000 | 
	
	| Personal Services | 5,000 | 0 | 5,000 | 
	
	| 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):
There will be an increase in personal services of approximately $5,000 for programming existing software to capture and/or calculate the indexing rate.  
 Memorandum
N/A
    Person submitting Fiscal Note: Jane Shinn
    
Email Address: Jane.Shinn@wv.gov