FISCAL NOTE
FUND(S):
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The Division of Corrections will be required to spend an additional $1,833,692 during FY 2009 to fully fund this legislation. In addition, $304,600 will be required in FY 2010 to fund this legislation. These amounts will also be required in FY 2014 and FY 2015 as well as every three years thereafter, according to the proposed language.
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 |
1,833,692 |
0 |
Personal Services |
0 |
1,833,692 |
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):
Employees hired prior to June 30, 2006 1505
Proposed salary increase $1,000
Personal Services Increase $1,505,000
Worker’s Compensation ($1,911,000 * .0369) 55,535
Social Security ($1,911,000 * .0765) 115,133
Retirement ($1,911,000) * .105) 158,025
FY 2009 Increase $1,833,692
Employees hired between 7/1/06-7/1/07 250
Proposed Salary Increase $1,000
Personal Services Increase $250,000
Worker’s Compensation (* .0369) 9,225
Social Security (* .0765) $19,125
Retirement (* .105) 26,250
FY 2010 Increase $304,600
Memorandum
Person submitting Fiscal Note: Loita Butcher, Executive Assistant
Email Address: butchl@mail.wvnet.edu