FUND(S):

Underground Storage Tank Administrative Fund (3325)

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.


    This proposed legislation will have no impact on costs and revenues of State government. The proposed legislation merely increases the balance that may be in the fund at the beginning of the fiscal year. This is NOT a fee increase.



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 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):


    Estimated total costs and estimated total revenues WILL NOT change. The proposed legislation would enable an increase in the fund balance that may be carried forward at the beginning of the fiscal year. This increase in the fund balance is necessary to offset a decline in federal grant funds.



Memorandum


    Failure to pass this proposed legislation would impact state government operations in the Underground Storage Tank program. The current fund balance allowed is insufficient to offset the decline in federal grant revenue and maintain current level of operations. Person submitting Fiscal Note: Kristin A. Boggs, General Counsel - DEP
     Email Address: kristin.a.boggs@wv.gov