FISCAL NOTE
Date Requested: March 05, 2026
Time Requested: 09:11 AM |
| Agency: |
Protective Services, Division of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2840 |
Comm. Sub2 |
SB676 |
|
|---|
| CBD Subject: |
Retirement |
|---|
|
FUND(S):
Capitol Police 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.
It will create a increase of 25% in the personal services expenses of retirement.
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 |
337,500 |
337,500 |
| Personal Services |
0 |
337,500 |
337,500 |
| 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):
Increase of personal services for Pension and retirement for 27 police officer positions. Currently, the agency pays 9% contribution toward those positions retirement. Current SB676 will increase 25% for a total of 34% costing the agency on average 337500 per year.
Memorandum
Person submitting Fiscal Note: Paula Totten
Email Address: paula.totten@cappd.wvsp.gov