FISCAL NOTE
FUND(S):
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.
The bill proposes an annual salary increase of $2,008 for each employee within the Division of Corrections. The increase in personal services and employee benefits for each of the current 2,331.75 FTEs within the Division would total approximately $5,862,992 per year.
Total increase in personal services: $4,682,154
Total increase for employee benefits: $1,180,838
Estimates in the Fiscal Note Detail for FY 2014 are for two full months of the salary increase.
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 |
977,166 |
5,862,992 |
5,862,992 |
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):
Total increase in personal services $4,682,154
Total increase in SS Matching $ 358,185
Total increase in Workers Comp. $ 143,740
Total increase in Retirement $ 678,913
Total increase per year $5,862,992
Memorandum
Person submitting Fiscal Note: Patti Withrow
Email Address: patti.j.withrow@wv.gov