FUND(S):

0273

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.


    DEP anticipates that the activities required by this legislation could be handled by one full time Office Assistant III. This person would be responsible for tracking and maintaining all information on the bonds related to Oil & Gas. Due to the fact that these activities are required over the life of a well, the need for this position will be on-going.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2012
Increase/Decrease
(use"-")
2013
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 8,727 45,363 45,363
Personal Services 6,727 40,363 40,363
Current Expenses 2,000 5,000 5,000
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):


    The above estimate includes a full time Office Assistant III position at mid-range of the pay grade, plus benefits and current expense. The 2012 amount anticipates 1/6 of the personnel costs based on the position being filled for the months of May & June only, based on an anticipated effective date for the legislation of April 2012.
    
    



Memorandum


    



    Person submitting Fiscal Note: Jean Sheppard
    Email Address: jean.j.sheppard@wv.gov