FISCAL NOTE
FUND(S):
WV Parkways Economic Development and Tourism Authority Funds
Sources of Revenue:
Other Fund Toll Revenues
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The portion of the reorganization bill that deals with the West Virginia Parkways Authority will have no impact on either the costs and revenues of state goverment nor that of the Parkways Authority.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2005 Increase/Decrease (use"-") |
2006 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):
N/A
Memorandum
As a matter of clarification, the bill calls for the Governor or his or her designee to serve as chairperson of the Authority. It should be noted that the Governor's designee, the Secretary of the Department of Transportation, is already mandated in the current statute to be the chairperson of the Parkways Authority. The Secretary of Transportation is appointed by the Governor and is a member of his/her cabinet.
Person submitting Fiscal Note: Gregory C. Barr, General Manager
Email Address: gbarr@wvturnpike.com