FISCAL NOTE
Date Requested: February 15, 2019 Time Requested: 10:45 AM |
Agency: |
Transportation, WV Department of |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
3289 |
Introduced |
HB3014 |
|
CBD Subject: |
Roads and Transportation |
---|
|
FUND(S):
General Revenue Fund
Sources of Revenue:
General Fund
Legislation creates:
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.
HB3014 purpose is to remove the minimum and maximum salary caps ant to allow for the accrual of sick and annual leave for the State Rail Authority Director. This will allow the salary and benefits to be consistent with the salary for similar positions in state government.
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 |
0 |
12,826 |
12,826 |
Personal Services |
0 |
12,826 |
12,826 |
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.
The estimated cost in personal services is added cost of both annual and sick leave for a one year period based on actual rates of the current director's salary. The cost for annual leave is based on the maximum earning rate for an employee with 15 years or more of service (16 hours x 12 months = 192 hours). The cost for sick leave is based on the current earning rate (12 hours x 12 month = 144 hours). The amount of $12,826.00 includes benefits.
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: Lorrie Hodges
Email Address: