FISCAL NOTE

Date Requested: January 23, 2023
Time Requested: 04:20 PM
Agency: Secretary of State
CBD Number: Version: Bill Number: Resolution Number:
1933 Introduced HB2764
CBD Subject: Constitutional Officers


FUND(S):

0155

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 costs of the state will increase by the total amount of annual salary increase + increases in benefits.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2023
Increase/Decrease
(use"-")
2024
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 700,000
Personal Services 0 0 0
Current Expenses 0 0 475,000
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):


Current constitutional officers' salaries (minus Governor) = $475,000. Increase of $45,000 for each constitutional officer = $225,000, for a total of $700,000 annual cost of gross salary for constitutional officers (minus Governor, whose salary is unchanged by proposal). These estimates do not include associated increases in benefits, which may vary between the constitutional offices.



Memorandum


N/a.



    Person submitting Fiscal Note: Donald Kersey
    Email Address: dkersey@wvsos.gov