FISCAL NOTE
FUND(S):
8623
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill as proposed will impact the revenues of sewer public service districts. By creating a 10 year period where a customer does not have to connect to the public sewer, the district will see a reduction in revenue for the difference between actual usage by a customer and the average usage that the West Virginia code allows a sewer public service district to charge a customer who is not hooked up to the system. This reduction in revenues from the public service district will also force a reduction in the revenues received by the Public Service Commission for its operation, since those assessments are calculated based on the revenues of a utility. Because we have no way of calculating the number of customers who may be affected by this legislation it is not possible to calculate a revenue impact for the districts or the Public Service Commission. The bill may impact the potential for the district to obtain borrowed funds at an affordable rate.
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 |
0 |
0 |
| 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):
No direct increase or decrease in PSC expenditures is expected. No direct impact on PSC revenue is calculable.
Memorandum
N/A
Person submitting Fiscal Note: Herb Brooks
Email Address: HBrooks@PSC.STATE.WV.US