FUND(S):

General, Lottery, Road, Federal, Special & Other

Sources of Revenue:

General Fund,Special Fund,Other Fund Lottery, Road, Federal

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    This bill grants a $1,000 annual salary increase per year to all public employees beginning 7/1/13 and an additional $1,000 raise at the beginning of each fiscal year thereafter.
    
    Estimated Costs for FY 2014 are as follows:
    General Fund $21,316,000
    Lottery Fund $284,000
    Road Fund $6,675,000
    Federal Funds $5,000,000
    Special Funds $13,725,000
    Total Cost for all funds is $47,000,000.
    
    The above costs are based on filled FTEs as of 2/28/13. Costs include cost of $1,000 raise for each FTE plus employee benefits of 23.15%.
    
    Assuming FTEs remain at a constant level in fiscal years after FY2014, then each of those fical years' total additional costs are as follows:
    FY 2015 $94,000,000
    FY 2016 $141,000,000
    FY 2017 $188,000,000
    FY 2018 $235,000,000
    



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 47,000,000 235,000,000
Personal Services 0 38,000,000 190,000,000
Current Expenses 0 9,000,000 45,000,000
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):


    This bill grants a $1,000 annual salary increase per year to all public employees beginning 7/1/13 and an additional $1,000 raise at the beginning of each fiscal year thereafter.
    
    Estimated Costs for FY 2014 are as follows:
    General Fund $21,316,000
    Lottery Fund $284,000
    Road Fund $6,675,000
    Federal Funds $5,000,000
    Special Funds $13,725,000
    Total Cost for all funds is $47,000,000.
    
    The above costs are based on filled FTEs as of 2/28/13. Costs include cost of $1,000 raise for each FTE plus employee benefits of 23.15%.
    
    Assuming FTEs remain at a constant level in fiscal years after FY2014, then each of those fical years' total additional costs are as follows:
    FY 2015 $94,000,000
    FY 2016 $141,000,000
    FY 2017 $188,000,000
    FY 2018 $235,000,000
    



Memorandum


    This bill grants a $1,000 annual salary increase per year to all public employees beginning 7/1/13 with additional $1,000 raise at the beginning of each fiscal year thereafter.
    
    The above costs are based on filled FTEs as of 2/28/13. Costs include cost of $1,000 raise for each FTE plus employee benefits of 23.15%.
    
    



    Person submitting Fiscal Note: Mike McKown
    Email Address: mike.p.mckown@wv.gov