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.
This bill would eliminate "Tier II" of the magistrate salary structure and mandate that all magistrates be paid an equal salary of $50,000 per year.
Desired Salary 50,000
Present Salary 43,620
Amount of Increase 6,380
Number Eligible 42
Increase in Salary 267,960
Employee Benefits
FICA & Medicare 20,499 7.65%
BrickStreet 1,018 0.38%
PERS 28,136 10.50%
PEIA 1% 2,680 1.00%
19.53%
Total Employee Benefits 52,333
Total Cost 320,293
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 |
320,293 |
320,293 |
320,293 |
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):
Memorandum
Person submitting Fiscal Note: Tina A. Sevy
Email Address: tina.sevy@courtswv.gov