FISCAL NOTE
Date Requested: February 21, 2026
Time Requested: 10:19 AM |
| Agency: |
Charter School Board, West Virginia Professional |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 4310 |
Introduced |
SB1051 |
|
|---|
| CBD Subject: |
|
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FUND(S):
Special Revenue Fund
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Program, Creates New Fund: Charter School Revolving Loan Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The proposed legislation and creation of the charter school revolving loan fund are not expected to noticeably increase costs or revenues. Should funds be appropriated to this fund, the costs associated with the program's administration will be covered by the interest charged to the borrower.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
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):
No impact on costs or revenues in the creation of this program.
Memorandum
Person submitting Fiscal Note: Barry Holstein
Email Address: barry.holstein@wvpcsb.org