FISCAL NOTE

Date Requested: February 23, 2026
Time Requested: 03:19 PM
Agency: Municipal Pensions Oversight Board
CBD Number: Version: Bill Number: Resolution Number:
4328 Introduced SB1076
CBD Subject: Municipalities


FUND(S):

Special Revenue

Sources of Revenue:

Special Fund

Legislation creates:





Fiscal Note Summary


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


The Municipal Pensions Oversight Board is not responsible for Municipal Police and Firefighters Retirement System. That responsibility lies with the WV Consolidated Public Retirement Board which is the appropriate state board to receive the request for a Fiscal Note for SB1076.



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 costs have been entered as the Municipal Pensions Oversight Board is not responsible for operating this statewide retirement system.



Memorandum


The Municipal Pensions Oversight Board is not responsible for Municipal Police and Firefighters Retirement System. That responsibility lies with the WV Consolidated Public Retirement Board which is the appropriate state board to receive the request for a Fiscal Note for SB1076.



    Person submitting Fiscal Note: Matthew D Pauley, CFO
    Email Address: matthew.d.pauley@wv.gov