FISCAL NOTE
FUND(S):
Senior Farmers' Market Nutrition Fund
Sources of Revenue:
General Fund
Legislation creates:
A New Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
HB4450 would provide a general revenue appropriation to supplement the federally-funded Senior Farmers' Market Nutrition Program. This program provides $20 fresh produce vouchers to eligible seniors, and HB4450 seeks to provide state funding to add an additional $30 in vouchers per participant, bringing the total value to $50 per participant. A general revenue fund would be created to cover the cost of the state funding contributed to the voucher program. The total cost to the state would be $736,133 to implement this program and maintain it for subsequent years. The proposed legislation would not generate additional revenue to the state.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2012
Increase/Decrease
(use"-") |
2013
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
736,133 |
736,133 |
736,133 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
736,133 |
736,133 |
736,133 |
| 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):
HB4450 would require $736,133 to create and sustain the additional voucher funding for the Senior Farmers' Market Program. With a participation level of 23,000 individuals, an additional $690,000 would be required to fund the extra $30 in vouchers per participant. In addition to the value of the vouchers, an increase in funding would require an additional $46,133 to administer the program. This amount assumes keeping current practice of printing $2 vouchers equals an additional 15 vouchers per participant. Administrative costs include printing charges to create the additional vouchers of $23,018, and bank fees from the statewide contract financial processing vendor of $23,115.
Memorandum
Person submitting Fiscal Note: SANDRA GILLISPIE, DIRECTOR, ADMIN SVCS DIV
Email Address: sgillispie@wvda.us