Date Requested:February 16, 2013
Time Requested:11:52 AM
Agency: Education, Department of
CBD Number: Version: Bill Number: Resolution Number:
2013R1737 Introduced HB2376
CBD Subject: SALARY INCREMENTS FOR PRINCIPALS
FUND(S)
Sources of Revenue
Other Fund N/A
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary

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

    The purpose of this bill is to increase salary increments paid to principals by 3% and assistant principals by 1.5%.
Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2013
Increase/Decrease
(use"-")		 2014
Increase/Decrease
(use"-")		 Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 1,243,163 1,243,163
Personal Services 0 0 0
Current Expenses 0 1,243,163 1,243,163
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0
3. Explanation of above estimates (including long-range effect):
    The estimated cost to the state under the Public School Support Program (PSSP) for the increase in salary increments for principals and assistant principals is $1,243,163. The estimated cost includes an increase in Steps 1, 3, and 6 of PSSP, as well as an increase in retirement.

Memorandum
Person submitting Fiscal Note:
Brenda Freed
Email Address:
bfreed@access.k12.wv.us