FISCAL NOTE
Date Requested: February 17, 2025 Time Requested: 08:54 AM |
Agency: |
Administration, WV Department of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
1648 |
Introduced |
SB426 |
|
CBD Subject: |
Insurance; State Personnel |
---|
|
FUND(S):
General Fund, Special Fund
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Expense, Creates New Program, Creates New Fund:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The Department of Administration's agencies and Office of the Cabinet Secretary do not have access to the information required to produce the requested fiscal note.
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 |
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):
The Department of Administration's agencies and Office of the Cabinet Secretary do not have access to the information required to produce the requested fiscal note.
The Division of Personnel offers some information below and believes that additional information that would be needed to estimate costs would include, but is not limited to:
1) Number of employees and salaries - 49 permanent employees with salaries totaling $2,800,375.69 (this includes annual increment; $2,771,215.69 salaries only) & 3 temporary employees with salaries totaling $83,200
2) Cost of benefits for existing staff - Generally equivalent to 30% of salary.
3) Cost of annual and sick leave payout.
4) Cost of retraining for staff laid off (bill authorizes up to $3,000,000).
Memorandum
Person submitting Fiscal Note: Misty Peal
Email Address: misty.peal@wv.gov