FISCAL NOTE
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