FUND(S):

Senior Farmers' Market Nutrition Fund

Sources of Revenue:

General Fund

Legislation creates:

A New Fund



Fiscal Note Summary


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


    HB4450 would provide a general revenue appropriation to supplement the federally-funded Senior Farmers' Market Nutrition Program. This program provides $20 fresh produce vouchers to eligible seniors, and HB4450 seeks to provide state funding to add an additional $30 in vouchers per participant, bringing the total value to $50 per participant. A general revenue fund would be created to cover the cost of the state funding contributed to the voucher program. The total cost to the state would be $736,133 to implement this program and maintain it for subsequent years. The proposed legislation would not generate additional revenue to the state.



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 736,133 736,133 736,133
Personal Services 0 0 0
Current Expenses 736,133 736,133 736,133
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):


    HB4450 would require $736,133 to create and sustain the additional voucher funding for the Senior Farmers' Market Program. With a participation level of 23,000 individuals, an additional $690,000 would be required to fund the extra $30 in vouchers per participant. In addition to the value of the vouchers, an increase in funding would require an additional $46,133 to administer the program. This amount assumes keeping current practice of printing $2 vouchers equals an additional 15 vouchers per participant. Administrative costs include printing charges to create the additional vouchers of $23,018, and bank fees from the statewide contract financial processing vendor of $23,115.



Memorandum


     Person submitting Fiscal Note: SANDRA GILLISPIE, DIRECTOR, ADMIN SVCS DIV
     Email Address: sgillispie@wvda.us