FUND(S):

1612

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 program currently costs the Secretary of State's Office $33,500 to administer. Estimated revenue for this program can be as much as $150,000. The loss of revenue from the elimination of this program will be absorbed by the agency.
    
    The program is not to be eliminated. It is proposed to be administrated by a different state agency of which this program more closely fits their mission. Therefore, there is potentially no fiscal impact on the state as a whole.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2011
Increase/Decrease
(use"-")
2012
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 33,500 -16,500 -16,500
Personal Services 17,000 0 0
Current Expenses 16,500 -16,500 -16,500
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 150,000 -150,000 -150,000


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


    The elimination of this program from the Secreatry of State's Office will result in the elimination of expenditures used to administer the program. The 0.5 FTE salary will be absorbed by other office programs that are experiencing an increased personnel demand.



Memorandum


     Person submitting Fiscal Note: Brian Messer, CPA WVSOS CFO
     Email Address: bmesser@wvsos.com