FISCAL NOTE
Date Requested: January 29, 2019
Time Requested: 03:55 PM |
| Agency: |
Treasurer's Office, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2937 |
Introduced |
HB2728 |
|
|---|
| CBD Subject: |
Municipalities |
|---|
|
FUND(S):
Special Revenue
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Revenue, Increases Existing Expenses, Creates New Fund: Home Rule Board Operations Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
The purpose of this bill is to establish the Municipal Home Rule Pilot Program as a permanent program identified as the Municipal Home Rule Program.
Among the many things the bill does, it creates a special revenue fund, the Home Rule Board Operations Fund in the State Treasurer’s Office. However, the Municipal Home Rule Board is housed within the Department of Revenue. The Legislature might want to move the Fund to the Department of Revenue, which would eliminate expenses of the Treasurer’s Office discussed below and increase expenses of the Department of Revenue to make collections and disbursements.
Collections for the Fund come from the annual assessment of $2,000 for each municipality participating to be paid on July 1 every year. If the Fund remains in the Treasurer’s Office and we are to invoice for and collect the annual assessments and pay bills for the Board (e.g., travel), we estimate our costs to be $2,000 per year. This includes time of an employee to bill for the assessments and deposit the funds, an accounts payable clerk, and someone to review and approve all payments from the Fund.
Issues with the bill we saw that need revised and our suggested revisions are:
• Page 4, line 34, delete the word “Pilot”
• Page 4, line 48, delete “time remit its assessment when die” and insert “timely remit its assessment when due”
• Page 5, line 51, capitalize “rule”
• Page 5, line 53, delete “appropriation to” and insert “appropriations authorized by”
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2019
Increase/Decrease
(use"-") |
2020
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
2,000 |
2,000 |
2,000 |
| Personal Services |
2,000 |
2,000 |
2,000 |
| 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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
See Fiscal Note Summary.
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.
See Fiscal Note Summary.
Person submitting Fiscal Note: Diana Stout
Email Address: diana.stout@wvsto.com