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 purpose of this legislation is authorize the construction of a horse racing facility in northeastern West Virginia within a horse theme park. In review of this legislation we were unable to find any effect the costruction of this facility would have on the day to day operations of the Development Office. The only possible effect that this new facility could have on this office is an increase in our share of video lottery proceeds for the Development Office Promotion Fund.We have no way to determine the amount of this increase.



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 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):






Memorandum






    Person submitting Fiscal Note: Carl D Smith
    Email Address: csmith@wvdo,org