Date Requested: February 08, 2017
Time Requested: 05:05 PM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
1484 Introduced HB2097
CBD Subject:


FUND(S):

0589,0596

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.


    HB 2097 if enacted would permit community and technical colleges and universities to charge students half the cost of a credit for every credit taken over the fifteenth hour. For Higher Education Policy Commission institutions, It is estimated that revenues would increase about $20.2 million or 2.78% over the estimated $727.6 million received from tuition and fee revenues. It is estimated that revenues would increase about $644,000 or 1.12% for Community and Technical Colleges. The Percent increases range from .78% to 7.01% with a 2.84% median for the Higher Education Policy Commission institutions and from 0.67% to 2.37% with a 1.03% median for the Community and Technical Colleges. Fall 2015 enrollment data were used to compute these estimates. It is estimated that the spring 2016 and summer school enrollments will be 90% of the fall enrollment. The change would affect 22,179 students, or 29.96% of students state wide. This estimate may decline in future years depending on the number of students willing to pay the additional fees. No additional costs would result from the enactment of the legislation.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2017
Increase/Decrease
(use"-")
2018
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 785,000,000 20,844,000 20,844,000


Explanation of above estimates (including long-range effect):


    



Memorandum


    



    Person submitting Fiscal Note: Ed Magee
    Email Address: Edward.magee@wvhepc.edu