FISCAL NOTE
Date Requested: January 30, 2023 Time Requested: 12:43 PM |
Agency: |
Treasurer's Office, WV |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2804 |
Introduced |
HB3135 |
|
CBD Subject: |
Salaries |
---|
|
FUND(S):
State Treasurer's Office--General Revenue
Sources of Revenue:
General Fund
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The proposed legislation would increase the salary for the State Treasurer from $95,000 to $147,900. The increased cost is set out below, including the cost of additional benefits. The increased salary represents a $52,900 increase. Additionally, the State Treasurer's Office estimates an additional $19,573 in additional benefits, as well.
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 |
0 |
0 |
72,473 |
Personal Services |
0 |
0 |
72,473 |
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):
Memorandum
Person submitting Fiscal Note: James Fuerhoff
Email Address: james.fuerhoff@wvsto.gov