Date Requested: February 10, 2015
Time Requested: 02:52 PM
Agency: Water Development Authority
CBD Number: Version: Bill Number: Resolution Number:
2378 Introduced HB2213
CBD Subject: Boards and Commissions


FUND(S):

3390, 3384

Sources of Revenue:

Other Fund Excess Lottery

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


    There will be a Net Zero Effect. Less Funding will be available for water and wastewater projects and the same Funds will be used to help balance the 2016 budget.



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 -10,000,000 -10,000,000
2. Estimated Total Revenues 0 -10,000,000 -10,000,000


Explanation of above estimates (including long-range effect):


    This is a one year proposed reduction in Funding and would have no future impact if full funding of $40,000,000 is restored in future years.



Memorandum


    



    Person submitting Fiscal Note: Chris E. Jarrett
    Email Address: Cjarrett@wvwda.org