FUND(S):

2300

Sources of Revenue:

Special Fund

Legislation creates:

A New Fund



Fiscal Note Summary


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


    This bill creates an “Aviation Fund” and a “Fleet Management Office Fund”. Currently the special revenue generated by these two separate divisions within the Department of Administration are co-mingled into the current Travel Management Fund and managed and directed independent of each other. Separating their individual activities would allow for more efficient management and oversight of their individual budgets. There would be no fiscal impact to the state as a result of the passage of this bill.



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 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):


    The special revenue for Aviation is derived from the cost of flight hours for usage of aircraft. The special revenue for Fleet Management Office is derived from a monthly administrative fee per vehicle as well as money received monthly for the amount of the lease of vehicles. The monthly amount for lease of vehicles is either used to make the monthly debt service payment on the vehicle or to reimburse the fleet office if vehicles were purchased with cash instead of financing. Currently when you look at the cash balance for the fund, you can’t readily ascertain the amount belonging to either division since the funds are combined.



Memorandum


     Person submitting Fiscal Note: Donna Lipscomb
     Email Address: donna.m.lipscomb@wv.gov