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. Assessments will be adjusted accordingly.
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 |
473,000 |
383,000 |
| Personal Services |
0 |
348,000 |
358,000 |
| 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):
Personal Services
2 Commissioners @ $85,000 = $170,000
2 Secretaries @ $45,000 = $90,000
Benefits = $88,000
Total Personal Services = $348,000
Current Expense
Travel, Supplies & Other Miscellaneous = $25,000
Repairs and Alterations
201 Brooks Street has 3 Commissioners offices with secretarial support. Renovations would be neede to accommodate the 2 new Commissioners estimated @ $100,000
Memorandum
consideration to change the language in 24-1-6 from two to three commissioners required for and order.
Person submitting Fiscal Note: Herb Brooks
Email Address: HBrooks@PSC.STATE.WV.US