FISCAL NOTE

Date Requested: January 15, 2024
Time Requested: 04:55 PM

1135	Introduced	HB4734
Agency:	Homeland Security, Department of
CBD Number:	Version:	Bill Number:	Resolution Number:
CBD Subject:

FUND(S):

Special and General

Sources of Revenue:

Other Fund General and Special

Legislation creates:

Increases Existing Expenses

Fiscal Note Summary

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

FTEs affected for the initial $6,000 FTE Gen Rev 1462 Spec Rev 472 Cost for initial $6,000 Pers Serv Benefits Total General Rev $8,772,000.00 $877,200.00 $9,649,200.00 Special Rev $2,832,000.00 $283,200.00 $3,115,200.00 Sign on Bonus and retention is harder to calculate so I have just assumed we hire 50% of vacancies and retain 75% for three years Estimated Hires Retainage PS Benefits Total Gen Rev 278 3000 834,000 83,400 917,400 Spec Rev 136 3000 408,000 40,800 448,800 Estimated 3 yr retainage Retainage PS Benefits Total Gen Rev 208 3000 624000 62400 686,400 Spec Rev 102 3000 306000 30600 336,600

Fiscal Note Detail

Effect of Proposal	Fiscal Year
Effect of Proposal	2024 Increase/Decrease (use"-")	2025 Increase/Decrease (use"-")	Fiscal Year (Upon Full Implementation)
1. Estmated Total Cost	0	14,130,600	15,153,600
Personal Services	0	12,846,000	13,776,000
Current Expenses	0	0	0
Repairs and Alterations	0	0	0
Assets	0	0	0
Other	0	1,284,600	1,377,600
2. Estimated Total Revenues	0	0	0

Explanation of above estimates (including long-range effect):

FY 25 would include the $6000 retainage for the current staff with 3 years and the total implementation is hugely estimated sign on and retention plus the initial sign on bonus the retaininage would probably need a supplemental after the first payout of retention for those new hires in FY 29

Memorandum

Hard to estimate costs of hires and retainage costs for the future with new pay plan in place already

Person submitting Fiscal Note: Bryan D Arthur
Email Address: Bryan.D.Arthur@wv.gov