FISCAL NOTE
FUND(S):
All
Sources of Revenue:
General Fund,Special Fund,Other Fund all funds w/ pers svcs
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This measure adds December 7th, "Pearl Harbor Day", to the list of legal holidays. This would be a day for which State government employees would be paid without performing any services for the State.
The earliest date this could be in effect, if passed, is in FY 2010, so there is no cost for FY 2009.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2009
Increase/Decrease
(use"-") |
2010
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
6,570,753 |
6,570,753 |
| Personal Services |
0 |
5,555,355 |
5,555,355 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
1,015,398 |
1,015,398 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
The estimated total cost includes the cost of one day of pay for all filled FTE positions as of 1/31/09 plus matching benefits (shown as "Other") of 15.65% for higher education and 20% for all other agencies. The matching benefits include 2% for Workers Compensation, 7.65% for FICA and Medicare, and 6% for retirement for higher education and 1.85% for Workers Compensation, 7.65% for FICA and Medicare, and 10.5% for PERS.
Memorandum
Person submitting Fiscal Note: Tari McClintock Crouse
Email Address: tari.m.crouse@wv.gov