FISCAL NOTE
Date Requested: February 17, 2020 Time Requested: 12:49 PM |
Agency: |
Natural Resources, WV Division of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2913 |
Introduced |
SB818 |
|
CBD Subject: |
Natural Resources |
---|
|
FUND(S):
0265
Sources of Revenue:
General Fund
Legislation creates:
Increases Revenue From Existing Sources
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill will authorize the transfer of the 562 acres of Little Beaver State Park back to the Raleigh County Commission. If this bill becomes law, the direct fiscal effect will be a savings of $104,921.35, which is the difference between operating expenses and revenues in Fiscal Year 2019 (FY19). In FY19, total expenses at Little Beaver State Park were $210,595, while revenues collected totaled $105,534.26. Little Beaver State Park is currently at 50% self-sufficiency
Land and Water Conservation Funds (LWCF) monies were used in all phases of Little Beaver State Park’s development; therefore, LWCF guidelines must be strictly adhered to.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2020 Increase/Decrease (use"-") |
2021 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
0 |
210,595 |
Personal Services |
0 |
0 |
0 |
Current Expenses |
0 |
0 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
105,534 |
2. Estimated Total Revenues |
0 |
0 |
104,921 |
Explanation of above estimates (including long-range effect):
This bill will not result in a budget reduction for WV Division of Natural Resources, Parks and Recreation Section, overall as these funds will be appropriated to state parks, state forests, and rail trails.
Memorandum
For additional information concerning this fiscal note, please contact:
Mark W. Wylie, District Administrator
Parks and Recreation Section
Division of Natural Resources
324 4th Avenue
South Charleston, WV 25303-1228
Mark.W.Wylie@wv.gov
304.558.2764 office
304.389.5041 cell
304.558.0077 fax
Person submitting Fiscal Note: Amanda Morris
Email Address: amanda.l.morris@wv.gov