FISCAL NOTE
Date Requested: March 08, 2022
Time Requested: 08:20 AM |
| Agency: |
Workforce WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1798 |
Comm. Sub. |
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. The costs will come from current federal grants.
Memorandum
N/A
Person submitting Fiscal Note: Jane Shinn
Email Address: Jane.Shinn@wv.gov