FISCAL NOTE
Date Requested: January 31, 2024
Time Requested: 03:56 PM |
| Agency: |
Education, WV State Board of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3395 |
Comm. Sub. |
SB598 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
0313
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.
The State Board of Education’s budget is limited to one executive secretary employee to assist with the functions of the board. All programs, duties, etc. are delegated to the West Virginia Department of Education (WVDE). This legislation, in its current form, will have fiscal impact on the WVDE in the amount of $267,290.00 annually.
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 |
267,290 |
267,290 |
| Personal Services |
0 |
267,290 |
267,290 |
| 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, in its current form, will have a fiscal impact on the WVDE in the amount of $267,290 annually. The WVDE estimates that it will need to hire three (3) employees to handle the duties shifted from the various county boards of education to the State Board of Education as required in §18-5G-3(m).
Memorandum
N/A
Person submitting Fiscal Note: Tina Payne
Email Address: tina.a.payne@k12.wv.us