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.


This bill would eliminate "Tier II" of the magistrate salary structure and mandate that all magistrates be paid an equal salary of $50,000 per year. Desired Salary 50,000 Present Salary 43,620 Amount of Increase 6,380 Number Eligible 42 Increase in Salary 267,960 Employee Benefits FICA & Medicare 20,499 7.65% BrickStreet 1,018 0.38% PERS 28,136 10.50% PEIA 1% 2,680 1.00% 19.53% Total Employee Benefits 52,333 Total Cost 320,293



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 320,293 320,293 320,293
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):






Memorandum






    Person submitting Fiscal Note: Tina A. Sevy
    Email Address: tina.sevy@courtswv.gov