FISCAL NOTE
FUND(S):
1412
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.
This bill does not impact the overall revenues or expenditures of the State. It simply removes the outdated, existing cap on the Special Revenue Farm account to allow the Department of Agriculture (WVDA) to productively use the funding for agricultural projects that will promote economic development and job creation in the state. If future revenues increase due to additional rents, royalties or sales of agricultural products, it would allow the WVDA to develop new or expand existing initiatives such as promoting the Farm to Schools program to provide locally grown foods for our children's school lunches; piloting hog farming ventures to supply pork that we currently purchase from out of state vendors for the correctional facilities; or apiary ventures to introduce our state's Veterans to beekeeping as a means of providing a therapeutic working environment while developing a vocation which will assist them in becoming self-supporting.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2014
Increase/Decrease
(use"-") |
2015
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
100,000 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
60,000 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
40,000 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
100,000 |
0 |
0 |
Explanation of above estimates (including long-range effect):
The revenues and expenditures anticipated above is a proposal to support the Veterans and Warriors to Agriculture Program. This is just one example of how the access to the additional funds could be used.
Memorandum
There are no data currently available to provide further detail on anticipated revenues or expenses for this account.
Person submitting Fiscal Note: Sandra Gillispie
Email Address: sgillispie@wvda.us