FISCAL NOTE

Date Requested: January 27, 2023
Time Requested: 10:39 AM
Agency: Education, WV State Board of
CBD Number: Version: Bill Number: Resolution Number:
3027 Introduced HB3113
CBD Subject: Education (K12)


FUND(S):

0313

Sources of Revenue:

General Fund N/A

Legislation creates:

Increases Existing Expenses



Fiscal Note Summary


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


This proposed legislation will have fiscal impact on the WVDE. Specifically, the WVDE will need to create standards for the personal finance course and final examination to ensure that high school students have the resources necessary to meet this new graduation requirement.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2023
Increase/Decrease
(use"-")
2024
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 9,800 0 0
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):


The bill will require Implementing the provisions of this legislation will require the WVDE to incur a one-time cost to create standards and a final examination to ensure high school students have the resources necessary to meet this new graduation requirement.



Memorandum


Please note that economic and personal finance are topics currently integrated into other courses.



    Person submitting Fiscal Note: Sonya J. White
    Email Address: snjwhite@k12.wv.us