FISCAL NOTE
Date Requested: February 14, 2025
Time Requested: 04:38 PM |
| Agency: |
Legislative Auditor |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3000 |
Introduced |
SB500 |
|
|---|
| CBD Subject: |
Finance and Administration; Legislature |
|---|
|
FUND(S):
General
Sources of Revenue:
General Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
SB 500 would modify the existing volunteer fire department (VFD) audit function of the Legislative Auditor to incorporate the VFD audit function of the State Auditor's Office.
The bill does so through a strike and insert, replacing 'Auditor' in reference to the State Auditor with 'Legislative Auditor'.
The Legislative Auditor has audited the state funding provided to WV VFDs since 1995. The Legislative Auditor currently audits each VFD in the state at least once every five years, a process required through SB 500 which is already in place with the Legislative Auditor in existing statute. The only modification to existing processes required from SB 500 would be to incorporate the auditing of funding from other sources not derived from the state funding formula distributions currently audited by the Legislative Auditor.
This can be achieved with existing staffing resources already allocated and budgeted to the Legislative Auditor. The modification of processes to incorporate audits of VFD funding from other sources can be accomplished though existing qualified audit staff which includes Certified Public Accountants and Certified Fraud Examiners.
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):
All required actions of SB 500 can be achieved with existing budgeted staff and resources of the Legislative Auditor's Office.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: Justin Robinson
Email Address: justin.robinson@wvlegislature.gov