FUND(S):



Sources of Revenue:

Other Fund WDA rec. NO State funding

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    This will not have any impact on costs and revenues to the State.



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):


    There will be no fiscal impact.



Memorandum


    The Water Development Authority (WDA) serves as the administrative agency for the Department of Environmental Protection's Clean Water State Revolving Fund, a financial manager for the Bureau for Public Health Drinking Water Treatment Fund, and as fiduciary for the Infrastructure and Jobs Development Council.
    
    In addition, WDA manages various loan programs.
    
    As stated in Section 1, reference to funding, WDA does not receive any State funding.



    Person submitting Fiscal Note: Carol A. Cummings
    Email Address: ccummings@wvwda.org