FUND(S):

All

Sources of Revenue:

General Fund,Special Fund,Other Fund Federal; State Road; Lott

Legislation creates:

A New Program



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    One Time Non Base-Building Salary Enhancement Fiscal Note:
    SB 273 / HB 2879
    Costs (estimated):
    General Revenue(includes teachers/service personnel) - $47,357,793
    Lottery Revenue - $241,706
    Federal Funds - $3,692,926
    Special Appropriated - $2,215,765
    Other Special Revenue - $8,692,241
    State Road Funds - $4,283,349
    
    Total Cost $66,483,780
    
    Based on Filled FTE positions and salaries as of December 11, 2010.
    
    Employee Benefits are included at 23.15% for public employees, 23.65% for Department of Education, and 15.15% for Higher Education Entities.
    
    
    



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 0 66,483,780 0
Personal Services 0 66,483,780 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):


    One Time Non Base-Building Salary Enhancement Fiscal Note:
    SB 273 / HB 2879
    Costs (estimated)-- (one year salary enhancement) -- impacts FY2012 only
    General Revenue(includes teachers/service personnel) - $47,357,793
    Lottery Revenue - $241,706
    Federal Funds - $3,692,926
    Special Appropriated - $2,215,765
    Other Special Revenue - $8,692,241
    State Road Funds - $4,283,349
    
    Total Cost $66,483,780
    
    Based on Filled FTE positions and salaries as of December 11, 2010 from the Position Information Management System and number of professional educators and service personnel allowed for the 2011-12 year. The accurate number of employees and salaries cannot be determined until dates in bill, although it should not vary significantly.
    
    Employee Benefits are included at 23.15% for public employees, 23.65% for Department of Education, and 15.15% for Higher Education Entities.
    



Memorandum


     Person submitting Fiscal Note: Tammy Scruggs
     Email Address: tammy.l.scruggs@wv.gov