FISCAL NOTE



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 purpose of this bill is to grant a $1,600 annual salary to professional educators and a $700 annual increase to service personnel ($70/month), grant a $400 salary supplement to classroom teachers staring at the first year and increase the salary supplement for classroom teachers with 20 or more years of service from $600 to $1,000.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2008
Increase/Decrease
(use"-")
2009
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 67,821,334 67,821,334
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 estimated cost of these proposals to the State through the Public School Support Program is $67,821,334, consisting of the following amounts: Estimated cost to increase the salary of professional educators by $1,600 - $45,102,301 Estimated cost to increase the salary of service personnel by $700 $11,873,272 Estimated cost to grant a $400 salary supplement to classroom teachers $10,845,761 Total estimated cost of proposals $67,821,334



Memorandum






    Person submitting Fiscal Note: Pam Bird for Joe Panetta
    Email Address: jpanetta@access.k12.wv.us