FISCAL NOTE
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