FISCAL NOTE
Date Requested: February 21, 2024
Time Requested: 02:55 PM |
| Agency: |
Commerce, WV Dept of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3042 |
Introduced |
HB5289 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
GENERAL
Sources of Revenue:
General Fund
Legislation creates:
Creates New Revenue, Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill is implementing a new program for interactive training in the STEM field to focus on
chemistry and related careers to high school and technical schools. Funding will be provided by
the Department of Commerce to WorkFoce WV (WFWV). WFWV will sub-award funds to a
provider to administer the program to high schools, technical schools, or county boards of
education. The sub-award will be put out for bid through the Grant Funding Opportunity (GFO)
and VSS through OASIS. The successful bidder will have costs for administration and program.
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):
At this time it's not possible to estimate the costs, as criteria would need to be established and there would need to be a solicitation of proposals from potential vendors. Such a service would likely cost in the millions of dollars, but it's impossible to know for sure without due diligence. The necessary funds would likely need to come from appropriated state dollars, as the federal funds that WorkForce has access to are limited in their uses
Memorandum
Areas of vagueness with this bill are the following. What type of funding would the Department
of Commerce be receiving to (general, federal…)? What type of interactive training (VR
headsets, app, internet…)? Depending on type of interactive training what equipment may be
needed. Is this intended to be a training of an hour, semester, full year…? Amount of funding
available would need to be known to put out bid for provider to administer the program and to
estimate how many schools and students might be able to participate in the program.
Person submitting Fiscal Note: Jane Shinn
Email Address: Jane.Shinn@wv.gov