FISCAL NOTE
FUND(S):
8623, 8624, 8625
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Increase the Public Service Commission members by 2 @ $85,000 each plus benefits, 2 secretaries @ $45,000 each plus benefits. Current office arrangements will need to be evaluated and renovations made to accommodate 2 Commissioners.
Assessments are evaluated each fiscal year to determine the amount of revenue needed to support yearly operations. Current assessments are at the statutory limit.
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 |
463,000 |
373,000 |
| Personal Services |
0 |
338,000 |
348,000 |
| Current Expenses |
0 |
25,000 |
25,000 |
| Repairs and Alterations |
0 |
100,000 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
2009
Personal Services
2 Commissioners @ $85,000 170,000
2 Secretaries @ $45,000 90,000
Benefits est. @ 30% 78,000
Total Personal Services 338,000
Current Expense
Estimated travel, supplies, & other miscellaneous; $25,000
Repairs & Alterations
201 Brooks street has 3 Commissioners offices with secretarial support. Renovations would needed to accommodate the 2 new Commissioners estimated @ $100,000
2009 estimated increase in Commissioners salaries @ $5,000 each.
Memorandum
Consideration to change the language in 24-1-6 from two to three commissioners required for an order.
Person submitting Fiscal Note: Herb Brooks
Email Address: HBrooks@PSC.STATE.WV.US