FISCAL NOTE
FUND(S):
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.
DEP would expect to process approximately 5 permits for slurry injection wells in a typical year. The current permit application fee is $1,500, meaning that a moratorium on new permits would likely cause DEP to forgo about $7,500 annually in revenues.
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 |
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 |
-7,500 |
0 |
0 |
Explanation of above estimates (including long-range effect):
The assumption in FY2010 and beyond is that the studies required by SCR 15 would by then be complete and the moratorium lifted. If that were not the case and the moratorium remained in effect, lost permit revenues would continue to amount to approximately $7,500 annually. If the moratorium were eventually lifted, it is conceivable that a substantial portion of the forgone revenue would be recovered if a backlog of permit applications had accumulated to be processed.
Memorandum
Person submitting Fiscal Note: Raymond S. Franks II, DEP General Counsel
Email Address: Raymond.S.Franks@wv.org