FISCAL NOTE

Date Requested: March 16, 2017
Time Requested: 03:32 PM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
2697 Introduced SB482
CBD Subject: Governor -- Bills Requested By


FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

A New Program



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


The purpose of this bill is to grant authority to the Parkways Authority to issue revenue bonds and refunding bonds for the purpose of financing parkway projects within the state constructed or improved by the Department of Transportation or the authority or refunding bonds issued in connection with any parkway project, to clarify notice and public meeting requirements and procedures for fixing or increasing tolls or fees, to study and implement, if feasible, a single fee program, and to authorize electronic toll collection as a method of collecting and enforcing any tolls that may be charged for transit over any parkway project. The separate fee collected by adding it to a vehicle registration would require programming for the DMV First cash collection system and for the ‘DMV’ Mainframe. It is estimated that forty (40) hours of programming for DMV First at $115 per hour for a total cost for the DMV First changes of $4,600. Mainframe programming will also be required for approximately forty (40) hours at $90 per hour for a total cost of $3,600 for the Mainframe changes.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2017
Increase/Decrease
(use"-")
2018
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 8,200 8,200 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):


$ 115 DMV First Programming per Hour 40 Hours for Programming $ 4,600 Total $ 90 Mainframe Programming per Hour 40 Hours for Programming $ 3,600 Total $ 8,200 Total Programming



Memorandum






    Person submitting Fiscal Note: Raeann Kriner
    Email Address: raeann.k.kriner@wv.gov