Date Requested:February 08, 2005
Time Requested:06:19 PM
Agency: Secretary of State
CBD Number: Version: Bill Number: Resolution Number:
2005R286 Intro SB91
CBD Subject: Public Campaign Financing Act
FUND(S)
1612 - Services and Collections Account
Sources of Revenue
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary

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

    Costs: Increase - $29,500 First Year - $54,500 Thereafter
    
    
    1) Personnel - $25,000
    
    Implement policies and procedures for Public Campaign Financing Act
    
    2) Equipment - $2,500
    
    Computer plus software
    
    3) Supplies/Materials - $2,000
    
    4) Estimated Revenue - $0
Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")		 2006
Increase/Decrease
(use"-")		 Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 29,500 54,500
Personal Services 0 25,000 50,000
Current Expenses 0 2,000 2,000
Repairs and Alterations 0 0 0
Assets 0 2,500 2,500
Other 0 0 0
2. Estimated Total Revenues 0 0 0
3. Explanation of above estimates (including long-range effect):
    Estimated Total Cost - First Year
    
    1 Staff Member - $25,000 (salary plus benefits); 1 Computer plus
    Software $2,500; Supplies and Materials $2,000 - Total $29,500
    
    
    Estimated Cost Thereafter
    
    2 Staff Members - $25,000 each (salary plus benefits); 1 Additional
    Computer plus Software $2,500; Supplies and Materials $2,000 - Total
    $54,500
    
    Estimated Total Revenue - $0
    

Memorandum
Person submitting Fiscal Note:
Marie Lamont
Email Address:
mlamont@wvsos.com
    Personnel need could vary depending on candidate participation.