FISCAL NOTE
FUND(S):
$6,748
Sources of Revenue:
Other Fund N/A
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
It is estimated that 16 West Virginians of the Armed Forces of the United States have deceased during the Iraq conflict. Of those 16, is is estimated that 2 spouses or their children would accept the opportunity to attend higher education at a West Virginia Institute. The cost of 2 to attend is estimated at $6,748 starting FY 2008. It also assumes that any eligible West Virginian whose spouse served and deceased in prior conflicts are of age and would not be interested in this opportunity. Regardless, the fiscal impact is minimal.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2007
Increase/Decrease
(use"-") |
2008
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
6,748 |
7,812 |
| 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):
The estimate is based on the average current resident rate to attend West Virginia Higher Ed Institutions inflated with a 5% increase in tuition starting FY 2008 through FY 2011.
Memorandum
Person submitting Fiscal Note: Terry Hess
Email Address: hess@hepc.wvnet.edu