FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    



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 333 333 333
Personal Services 0 0 0
Current Expenses 125 125 125
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 208 208 208
2. Estimated Total Revenues 1,000 1,000 750


Explanation of above estimates (including long-range effect):


    Cost to issue the plate
     Plate Cost $ 8.30
     Administrative Cost $ 5.00
     Total Cost Per Plate $ 13.30
     Number of Plates 25
    
     Total Cost $ 332.50
    
    Revenue
     One Time Fee $ 10.00
     Annual Fee $ 30.00
     Number of Plates 25
    
     First Year Revenue $ 1,000
     Second Year Revenue $ 750



Memorandum


     Person submitting Fiscal Note: Jerry L. Conrad
     Email Address: Jerry.L.Conrad@wv.gov