FISCAL NOTE
Date Requested: January 11, 2024
Time Requested: 10:42 PM |
| Agency: |
County Commissioners' Association of West Virginia |
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| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1449 |
Introduced |
HB4527 |
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| CBD Subject: |
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FUND(S):
County Government
Sources of Revenue:
General Fund
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This legislation only impacts counties with Excess School levies. Unfortunately, there is no way to calculate the cost to each county excess school levy funds without knowing how many property owners within a county would qualify for the property tax exemption. The implementation costs this legislation to county governments would be minimal.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2024
Increase/Decrease
(use"-") |
2025
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):
This legislation only impacts counties with Excess School levies. Unfortunately, there is no way to calculate the cost to each county excess school levy funds without knowing how many property owners within a county would qualify for the property tax exemption. The implementation costs this legislation to county governments would be minimal.
Memorandum
This legislation only impacts counties with Excess School levies. Unfortunately, there is no way to calculate the cost to each county excess school levy funds without knowing how many property owners within a county would qualify for the property tax exemption. The implementation costs this legislation to county governments would be minimal.
Person submitting Fiscal Note: Nancy Butcher
Email Address: nancy@ccawv.org