FISCAL NOTE
Date Requested: January 24, 2022
Time Requested: 05:08 PM |
| Agency: |
Auditor, State of WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1526 |
Introduced |
HB4260 |
|
|---|
| CBD Subject: |
Constitutional Officers |
|---|
|
FUND(S):
Special Revenue - State Fund
Sources of Revenue:
Special Fund
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of proposed House Bill 4260 is to create a State Central Legal Advertising Website.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2022
Increase/Decrease
(use"-") |
2023
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
15,000 |
0 |
| Personal Services |
0 |
15,000 |
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):
After examining the requirements of the proposed legislation, the State Auditor’s Office believes that the costs which would be incurred to facilitate the development of the State Central Legal Advertising Website would amount to approximately $15,000. At this time, we anticipate these costs would be a one-time occurrence to develop the Website and thereafter, the regular maintenance of the Website would be conducted by State Auditor’s Office employees as a part of their routine job duties. Accordingly, no additional ongoing costs would be anticipated until such time as the Website required significant upgrades outside the scope of normal day-to-day operations.
Memorandum
The State Auditor’s Office has no available and identifiable financial data which would allow quantification of potential savings of the amount of legal advertising fees which are currently set out in Chapter 59, Article 3, Section 3 of the West Virginia Code under the assumption the proposed Bill were enacted. However, it is reasonable to assume enactment of the Bill would result in a reduction in legal advertising costs.
Person submitting Fiscal Note: Michael E. Sizemore, CPA
Email Address: Mike.Sizemore@wvsao.gov