Date Requested: January 30, 2015
Time Requested: 03:32 PM
Agency: Highways, Division of
CBD Number: Version: Bill Number: Resolution Number:
2714 Introduced SB379
CBD Subject: Roads and Transportation


FUND(S):



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 West Virginia Department of Transportation, Division of Highways (WVDOH) is responsible for the construction, maintenance and operations of the road system in the State of West Virginia which represents over 92% of the road system in the State. The transportation needs within the State are estimated at $1 billion per year. This legislation will assist in addressing the transportation needs by allowing muncipalities, state agencies, and quasi-state government agencies to advance work in their local municipalities. The only potential direct costs attributed to the legislation will be the time necessary for the WVDOH to review applications from potential project sponsors. It is anticipated these costs will be minimal.



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 0 0 0
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):


    
    See Fiscal Note Summary above for information regarding the fiscal impact of this bill on the State of West Virginia.
    



Memorandum


    
    The WVDOH prepares a Long Range Transportation Plan (LRTP) as well as a six year transportation program of capital projects called the Statewide Transportation Improvement Program (STIP). The LRTP identified a gap in funding needed to operate and maintain the road system in the State at $1 billion per year. The Governor's Blue Ribbon Commission made recommendations for additional revenue at $750 billion per year for preservation of the existing system and $380 billion per year for expanding the highway system (such as 4 lane highways). The proposed legislation provides an opportunity for local municipalities, other state agencies, and quasi-state agencies to assist in financing the highway needs in their geographic area. The legislation will require an initial infusion of funds , but this cannot be estimated given the uncertainty of the number of counties that would be willing to participate. The selling of bonds will also require additional resources, but this is not anticipated to be a significant amount.
    



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