FISCAL NOTE
Date Requested: March 09, 2017
Time Requested: 12:01 PM |
| Agency: |
Health Care Authority, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1269 |
Amendment |
HB2068 |
|
|---|
| CBD Subject: |
Health |
|---|
|
FUND(S):
5380
Sources of Revenue:
Other Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This legislation moves the West Virginia Health Information Network to a private nonprofit corporation. The Network is funded by Special Revenue (WV Code §16-29G-4) and transfers all encumbered funds to the new corporation. It is anticipated there will be no funds remaining in the Special Revenue account at December 31, 2017 and there will be no impact to the State.
This fiscal note for HB 2068, Amendment #1, replaces the prior fiscal note submitted.
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 |
-866,880 |
-1,733,760 |
| Personal Services |
0 |
-140,880 |
-281,760 |
| Current Expenses |
0 |
-726,000 |
-1,452,000 |
| 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):
1. FY 2017 - There is no impact in FY 2017.
2. FY 2018 - The Network would terminate and expenses end December 31, 2017.
Personal Services: 3 FTE's filled = $205,660 * 50% (6 months)
Benefits at 37%: 3 FTE's filled = $76,100 * 50% (6 months)
Office Expense (Including rental, travel, legal and contractual) = $1,452,000 * 50% (6 months)
Total Expenses for FY 2018 = $1,733,760 * 50% (6 months) = $866,880
There is currently no revenue source for the Network.
3. FY 2019 – No revenue or expenses projected after FY 2018.
Memorandum
Person submitting Fiscal Note: Kristi Pritt, CFO HCA
Email Address: kpritt@hcawv.org