FISCAL NOTE
FUND(S):
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.
The amount of $4,792,694 reflects the cost impact to the state government for a full fiscal year.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2009 Increase/Decrease (use"-") |
2010 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
4,792,694 |
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):
Employees: 1,989
Salary Increase: $2,008.00
Personal Services: (1989 x 2008) = $3,993,912
Benefits: (3,993,912 x 20%) = $ 798,782
Total: = $4,792,694
Memorandum
In the bill, it states FY 2009 and FY 2010; it would depend on the time the bill is passed in determining the amount needed to fund the FY 2010 increase.
Person submitting Fiscal Note: Loita Butcher
Email Address: butchl@mail.wvnet.edu