Date Requested:February 18, 2005
Time Requested:12:50 PM
Agency: Corrections
CBD Number: Version: Bill Number: Resolution Number:
2005R1003 Intro SB232
CBD Subject: Automatic Pay Increase for Employees
FUND(S)
Sources of Revenue
General Fund
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

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

    The Division of Corrections will be required to spend an additional $1,561,989.00 during FY 2006 to fully fund this legislation. In addition, $205,910.00 will be required in FY 2007 to fund this legislation. These amounts will also be required in FY 2011 and FY 2012 as wekk as every three years thereafter, according to the proposed language.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")
2006
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 1,561,989 0
Personal Services 0 1,561,989 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
3. Explanation of above estimates (including long-range effect):
    Employees hired prior to July 1, 2003 = 1,282
    Proposed salary increase $1,000.
    Personal Service Increase $1,282,000.00
    Workers Comp $1,282,000 x .0369 47,306.00
    Social Security 1,282,000 x .0765 98,073.00
    Retirement 1,282,000 x .105 134,610.00
    FY 2006 Increase $1,561,989.00
    
    Employees hired between 7/1/03 & 7/1/04 = 169
    Proposed Salary Increase $1,000.
    Personal Services Increase 169,000.00
    Worker's Comp 169,000 x .0369 6,236.00
    Social Security 169,000 x .0765 12,929.00
    Retirement 169,000 x .105 17,745.00
    FY 2007 Increase $205,910.00


Memorandum
Person submitting Fiscal Note:
Loita Butcher - WV Division of Corrections
Email Address:
butchl@mail.wvnet.edu