FISCAL NOTE
FUND(S):
0570 DIVISION OF JUVENILE SERVICES
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This legislation will have no impact on the costs or revenue on the state of West Virginia. There is no additional funding needed or to be used by our agency due to the passage of the bill.
This legislation will give the Division of Juvenile Services code authority to open outside bank accounts to hold and maintain trustee and commissary/resident benefit funds to serve the needs of the committed children in our custody.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2014
Increase/Decrease
(use"-") |
2015
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| 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):
Not applicable.
Memorandum
The reason this bill would not have a fiscal impact is because the funds associated with this bill will come from funds received by our Agency from the committed children in our custody.
The Trustee fund will hold the personal funds of the children.
The Commissary/Benefit fund will be self-sustaining. The revenue from the sales of products to the children are used to replenish the stock and the profit constitutes the portion of the funds used for the special programs outlined in the legislation.
The Division of Juvenile Services inherited these two types of funds already in operation when we were created in 1997. This legislation is needed to codify that procedure for the Division.
Person submitting Fiscal Note: Sandra Woods
Email Address: sandra.k.woods@wv.gov