Date Requested: January 23, 2015
Time Requested: 10:49 AM
Agency: Transportation, Department of
CBD Number: Version: Bill Number: Resolution Number:
1352 Introduced HB2049
CBD Subject: Military and Veterans


FUND(S):

Departmental budget's employee account reserve due to unfilled positions

Sources of Revenue:

Other Fund State Road Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    The purpose of this bill is to require an independent audit be done for performance and efficiency in the Division of Highways. The legislation states the cost shall not exceed $500,000. The exact costs are unknown as it would depend on the number of individuals working on the audit, the length of time to complete, and the complexity of the audit.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2015
Increase/Decrease
(use"-")
2016
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 500,000 500,000 500,000
Personal Services 0 0 0
Current Expenses 0 0 0
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):


    Contracts for audits are generally reviewed based on a hourly rate for the number of individuals performing the audit. Therefore at this time, Division of Highways does not have knowledge as to the total spent upon completion of the audit.



Memorandum


    



    Person submitting Fiscal Note: Lorrie Hodges
    Email Address: lorrie.a.hodges@wv.gov