FISCAL NOTE



FUND(S):

All

Sources of Revenue:

General Fund,Special Fund,Other Fund Federal; State Road; Lott

Legislation creates:

A New Program



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


One Time Non Base-Building Salary Enhancement Fiscal Note: SB 273 / HB 2879 Costs (estimated): General Revenue(includes teachers/service personnel) - $47,357,793 Lottery Revenue - $241,706 Federal Funds - $3,692,926 Special Appropriated - $2,215,765 Other Special Revenue - $8,692,241 State Road Funds - $4,283,349 Total Cost $66,483,780 Based on Filled FTE positions and salaries as of December 11, 2010. Employee Benefits are included at 23.15% for public employees, 23.65% for Department of Education, and 15.15% for Higher Education Entities.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2011
Increase/Decrease
(use"-")
2012
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 66,483,780 0
Personal Services 0 66,483,780 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):


One Time Non Base-Building Salary Enhancement Fiscal Note: SB 273 / HB 2879 Costs (estimated)-- (one year salary enhancement) -- impacts FY2012 only General Revenue(includes teachers/service personnel) - $47,357,793 Lottery Revenue - $241,706 Federal Funds - $3,692,926 Special Appropriated - $2,215,765 Other Special Revenue - $8,692,241 State Road Funds - $4,283,349 Total Cost $66,483,780 Based on Filled FTE positions and salaries as of December 11, 2010 from the Position Information Management System and number of professional educators and service personnel allowed for the 2011-12 year. The accurate number of employees and salaries cannot be determined until dates in bill, although it should not vary significantly. Employee Benefits are included at 23.15% for public employees, 23.65% for Department of Education, and 15.15% for Higher Education Entities.



Memorandum






    Person submitting Fiscal Note: Tammy Scruggs
    Email Address: tammy.l.scruggs@wv.gov