FISCAL NOTE
Date Requested: March 05, 2025
Time Requested: 04:35 PM |
| Agency: |
Homeland Security, Department of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3253 |
Comm. Sub. |
SB566 |
|
|---|
| CBD Subject: |
Education (Higher) |
|---|
|
FUND(S):
GENERAL REVENUE
Sources of Revenue:
General Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There is no full proof way to estimate the actual costs, but we will utilize the information we have to make an educated estimate.
Facts / Assumptions (Legislative Rules Will Of Course Guide the Program If The Bill Becomes Law)
There are currently about 5,000 certified officers in WV and Jess Gundy guesses about half or 2.500 would pursue additional education leading to a new certification or degree.
The annual average WV College Tuition and Fees is roughly $8,500
A lifetime cap is placed on how much an officer can receive in this program of $8,500
Officer receives reimbursement before he or she actually receives the degree
All officers that apply to the program are approved
Estimated Cost
Year 1 1250 officers x 8,500 $10,625,000
Year 2 1250 officers x 8,500 $10,625,000
Year 3 250 officers x 8,500 $ 2,125,000
Year 4 250 officers x 8,500 $ 2,125,000
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 |
10,625,000 |
25,500,000 |
| 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):
Estimated Cost
Year 1 1250 officers x 8,500 $10,625,000
Year 2 1250 officers x 8,500 $10,625,000
Year 3 250 officers x 8,500 $ 2,125,000
Year 4 250 officers x 8,500 $ 2,125,000
Memorandum
We do not really know the guidelines of the program, the approval rate, will there be a cap on it yearly etc. There is really not enough information to provide an exact estimate.
Person submitting Fiscal Note: Bryan D Arthur
Email Address: Bryan.D.Arthur@wv.gov