FISCAL NOTE
Date Requested: March 02, 2021
Time Requested: 03:37 PM |
| Agency: |
Commerce, WV Dept of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2564 |
Comm. Sub. |
HB2002 |
|
|---|
| CBD Subject: |
Roads and Transportation |
|---|
|
FUND(S):
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.
The staff will grow just from the administration of new programs. Total staff, over time, would expand to seven or eight FTE's with competitive salaries.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2021
Increase/Decrease
(use"-") |
2022
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
623,440 |
623,440 |
| Personal Services |
0 |
579,440 |
579,440 |
| Current Expenses |
0 |
44,000 |
38,000 |
| 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):
Personal Services $426,620
Benefits $152,820
Current Expenses first year $44,000 includes both ongoing and one-time costs. One-time would be laptops and other equipment for three new FTE. Ongoing Current Expenses would be $38,000 which includes the $2,000 per month for subscriptions plus another $14,000 ($2,000 a year for each of the 7 FTE) for supplies and misc.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: KIMBERLY MILLER
Email Address: kimberly.l.miller@wv.gov