FISCAL NOTE
FUND(S):
0453,6501,6505
Sources of Revenue:
General Fund,Special Fund,Other Fund 6505
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
REVISED - EXEMPT MEMBERS ONLY
This proposed legislation has a projected cost of $172,417 and is based upon 80 members classified as exempt. The current rate of $236 has not been adjusted since 1990 and therefore has not kept pace with across-the-board increases, which diminishes the amount of compensable hours that can be worked.
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 |
0 |
172,417 |
172,417 |
| Personal Services |
0 |
157,440 |
157,440 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
14,977 |
14,977 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
This increases the supplemental pay for 80 exempt troopers by $164 per month, or $1,968 per year. Other costs include medicare costs (1.45%) and employer matching retirement (15%) for those covered by the Plan A retirement system.
Memorandum
Person submitting Fiscal Note: Ron Twohig, Comptroller
Email Address: rtwohig@wvsp.state.wv.us