FISCAL NOTE
Date Requested: February 28, 2025
Time Requested: 03:16 PM |
| Agency: |
Transportation, WV Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1812 |
Introduced |
SB67 |
|
|---|
| CBD Subject: |
Counties; Municipalities |
|---|
|
FUND(S):
9017
Sources of Revenue:
General Fund
Legislation creates:
Creates New Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Due to anticipated low frequency of event we expect the fiscal impact to be minimal.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
1,700 |
3,400 |
| Personal Services |
0 |
1,700 |
3,400 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
500 |
500 |
Explanation of above estimates (including long-range effect):
Revenue is proportional to the number of permits received. Though we have little history on which to base expectations, we anticipate 1-2 permit applications annually. Each permit is expected to accrue internal costs of $1,700. At a per permit cost of $250, each permit is expected to generate $250 in revenue.
Memorandum
Revenue is proportional to the number of permits received. Though we have little history on which to base expectations, we anticipate 1-2 permit applications annually.
Person submitting Fiscal Note: Lori Suite
Email Address: lori.a.suite@wv.gov