FISCAL NOTE

Date Requested: February 18, 2025
Time Requested: 05:00 PM
Agency: Treasurer's Office, WV
CBD Number: Version: Bill Number: Resolution Number:
2858 Amendment SB520
CBD Subject:


FUND(S):

0126

Sources of Revenue:

General Fund

Legislation creates:





Fiscal Note Summary


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


The proposed legislation requires executive branch agencies to develop a market rate salary adjustment policy to permit localities within the State to adjust salaries. The State Treasurer's Office would be able to produce such a policy with the office's existing staff and without the need for any additional funds.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2025
Increase/Decrease
(use"-")
2026
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):






Memorandum






    Person submitting Fiscal Note: James Fuerhoff
    Email Address: james.fuerhoff@wvsto.gov