FISCAL NOTE



FUND(S):

8324

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 will allow the Public Service Commission to assess fees under Chapter 24B-5-3 in an amount equal to the appropriated budget for the Gas Pipeline Safety fund (8624). FY 2010 Appropriation is requested at $311,208. The increased revenue would be $11,208. Current authorized assessment is $300,000. As costs and appropriations rise in later years, this legislation allows for increased revenue assessments, matching the approved budget appropriation, up to the maximum of $400,000.



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 0 0 311,208
Personal Services 0 0 225,242
Current Expenses 0 0 84,410
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 1,556
2. Estimated Total Revenues 0 11,208 311,208


Explanation of above estimates (including long-range effect):


The estimated costs will remain the same with this change. The Revenue in FY 2010 would increase $11,208 which added to our current assessment level of $300,000 will generate revenue sufficient to fund the estimated expenditures of $311,208.



Memorandum


None



    Person submitting Fiscal Note: Herb Brooks
    Email Address: HBrooks@PSC.STATE.WV.US