FISCAL NOTE
FUND(S):
New
Sources of Revenue:
Special Fund
Legislation creates:
A New Program,A New Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
AS THE FUNDS WILL BE COMING FROM TAXPAYERS, DONATIONS, GIFTS, GRANTS, ETC. AND THE INTEREST ON THOSE FUNDS, THERE SHOULD BE NO COST TO STATE GOVERNMENT. THERE SHOULD BE NO NEED FOR ADDITIONAL EMPLOYEES TO DEAL WITH THIS NEW FUND. AS FOR REVENUES, THE FUNDS ARE DEDICATED TO THE "WEST VIRGINIA MILITARY FAMILY RELIEF FUND" SO THERE WILL BE NO EXTRA REVENUE GENERATED FOR GENERAL STATE USE.
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 |
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):
THERE SHOULD BE NO CHANGE IN PERSONAL SERVICES, CURRENT EXPENSES, REPAIRS AND ALTERATIONS OR ASSETS. THE INCREASE IN REVENUE AND EXPENDITURES WILL BE DETERMINED BY THE AMOUNT OF MONEY DONATED FOR THIS FUND AND THE INTEREST ON SAID FUNDS. UNTIL AT LEAST A YEAR HAS GONE BY IT WILL BE ALMOST IMPOSSIBLE TO PROJECT ANY AMOUNT REVENUE OR FUNDS AVAILABLE FOR DISBURSEMENT.
Memorandum
THERE SHOULD BE NO FISCAL IMPACT BY THIS BILL SINCE ALL FUNDS ARE DONATED (PLUS THE INTEREST ON THOSE FUNDS) AND THE AMOUNT FOR DISBURSEMENT WILL BE APPROPRIATED FROM THESE FUNDS.
Person submitting Fiscal Note: CONNIE HODAPP
Email Address: CHODAPP@STATE.WV.US