FUND(S):

Trust Fund

Sources of Revenue:

General Fund,Other Fund Trust Fund

Legislation creates:

A New Program



Fiscal Note Summary


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


    Costs to pay short-term benefits to employees who have had a reduction in work hours. The cost will include trust funds after September 2015 and the ongoing state funded administrative costs.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2013
Increase/Decrease
(use"-")
2014
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 168,532 337,065
Personal Services 0 117,855 235,710
Current Expenses 0 50,677 101,355
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 5,412,620
2. Estimated Total Revenues 0 0 0


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


    Other - Benefit cost is covered by federal funds through 8/15/2015. State Benefit Trust Fund cost will have to cover benefit cost after August, 2015.-



Memorandum


     Person submitting Fiscal Note: Brock A. Jarrett
     Email Address: brock.a.jarrett@wv.gov