FUND(S):



Sources of Revenue:

General Fund,Special Fund,Other Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    This bill would raise the West Virginia minimum wage to $9. 00 an
    hour starting on July 1, 2014. The Department o f Admi nistrati on
    does not have data to determine the costs for temporary posit i ons,
    Higher Education and Board Members. The fiscal impact to the State,
    excluding those entities, would be $659,256 .33 annually .



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 65,925,633 65,925,633 65,925,633
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 estimated fiscal impact to the state, excluding temporary
    employees, Higher Education, and Board members is based upon th following:
    
    General Revenue $442,003.66
    State Road Fund $4,188.00
    Federal Funds $25,262.00
    Appropriated Special Revenue $18,283.67
    Non-appropriated Special Revenue $46,736.00
    Lottery Funds $4,344.00
    
    Total Salaries: $540,817.33
    
    Employer Matching Social Security $41,372.53
    Workers Compensation $1,352.04
    Employer Retirement $75,714.43
    
    Total: $659,256.33
    



Memorandum


    I would suggest that a fiscal note request b e sent to Higher
    Education in order to determine the fiscal impact to the stat e for
    their employees .



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