FISCAL NOTE
FUND(S):
0155,1612
Sources of Revenue:
General Fund,Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
We can only provide data as to the impact of the Secretary of State's Office, not as to the overall impact this legislation would have on the state.
The program currently costs the Secretary of State's Office $33,500 to administer. Estimated revenue for this program can be as much as $150,000.
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 |
33,500 |
-33,500 |
0 |
| Personal Services |
17,000 |
-17,000 |
0 |
| Current Expenses |
16,500 |
-16,500 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
150,000 |
-150,000 |
0 |
Explanation of above estimates (including long-range effect):
If this program is transferred from the control of the Secretary of State's Office to another agency, the Secretary of State's Office would lose all revenue associated with teh program. Likewise, all costs associated with the program would be eliminated as well. The 0.5 FTE administering the program would be utilized elsewhere in the office.
It can be assumed that the new administering agency would in turn generate revenues and have associated costs; however, the Seceretary of State's Office is unable to comment on those figures.
Memorandum
The Secretary of State's Office would like to stress that we can only provide data as to the impact of the Secretary of State's Office, not as to the overall impact this legislation would have on the state.
Person submitting Fiscal Note: Brian Messer, CPA
Email Address: bmesser@wvsos.com