FUND(S):

0456

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.


    This measure will increase the cost to the state by $30,875.00. There will be no increase in revenue.



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 0 30,875 30,875
Personal Services 0 25,000 25,000
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):


    His salary will increase from $70,000.00 to $95,000.00 for a total increase of $25,000.00 in Personal Services. Benefits will need to increase $5,875.00 to cover social security, workers' compensation and retirement for a total needed of $30,875.00. There will be no increase to current expenses, repairs and alterations, assets, other costs or revenues. The only variance would be any increase in social security/medicare matching or retirement in the future.



Memorandum


    No other issues. Person submitting Fiscal Note: Connie Hodapp
     Email Address: connie.s.hodapp@wv.gov