FISCAL NOTE
FUND(S):
0586,0596
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Senate Bill 330, if approved, would require the hiring of additional staff within the Higher Education Policy Commission. The bill also requires several contracted studies ranging from a market salary analysis to an audit of compliance with best practices by institutions in regard to human resources. Staff estimates these studies will cost $250,000 combined.
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 |
500,000 |
500,000 |
| Personal Services |
0 |
198,268 |
198,268 |
| Current Expenses |
0 |
301,732 |
301,732 |
| 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):
Senate Bill 3330 Fiscal Note
Staffing Costs
Personal Services Total
Human resource specialist 111,099
Human resources generalist 87,169
Total Personal Services 198,268
Other Expenses
Resources adminisration and office support 51,732
Total Other Expenses 51,732
Total Staffing Costs $250,000
Consultant Fees
Market salary review (mercer update) $120,000
HR audit initial joint review 80,000
Training and miscellaneous consulting services 50,000
Total Consultant Fees $250,000
Grand Total $500,000
Memorandum
Person submitting Fiscal Note: Ed Magee
Email Address: emagee@hepc.wvnet.edu