FISCAL NOTE
FUND(S):
1612 - Services and Collections Account
Sources of Revenue:
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
1. Technological (changes to candidate database, internet, and online campaign finance report program) - $150,000
2. State Election Commission - Additional appropriation needed for meetings - $10,000
3. Personnel - $70,000 (Including Benefits) - Implement policies and procedures for Public financing of Campaigns and monitoring reports
***4. Program Expenditures - 2010=$1,396,395; 2012=$4,232,341; 2014=$7,069,820***
5. Estimated Total Revenue - Not discernible at this time
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2008 Increase/Decrease (use"-") |
2009 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
0 |
1,626,395 |
Personal Services |
0 |
0 |
70,000 |
Current Expenses |
0 |
0 |
160,000 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
1,396,395 |
2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
Staff Members - $70,000 (Including Benefits); technology changes - $150,000; added expenses to State Election Commission - $10,000; the estimated amount of potential distribution to qualifying candidates participating in this project is as follows: 2010=$1,396,395; 2012=$4,232,341; and 2014=$7,069,820
Memorandum
The programatic costs are rough estimates only as the actual costs may vary in accordance with the actual number of participants. The number chosen for this project reflect an average based on participation levels in states already enacting this program.
Person submitting Fiscal Note: Marie Lamont
Email Address: mlamont@wvsos.com