Date Requested: February 12, 2015
Time Requested: 12:38 PM
Agency: Budget Office
CBD Number: Version: Bill Number: Resolution Number:
2937 Introduced HB2706
CBD Subject: State Personnel


FUND(S):



Sources of Revenue:

Other Fund Road Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


     HB2706 calls for a pay raise of 2%, effective 7/1/2015 for all Division of Highways employees whose annual salary is less than $50,000.
     Total cost = $3,274,352
    



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 3,274,352 3,275,000
Personal Services 0 2,680,599 2,681,000
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 593,753 594,000
2. Estimated Total Revenues 0 0 0


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


    As of 2/17/2015 there were 4,366 positions in the Division of Highways whose annual salary was budgeted below $50,000.
     Pay raise costs are calculated assuming 22.15% employee benefit costs.
     Road Fund costs $3,274,352.
    
    



Memorandum


     As of 2/17/2015 there were 4,366 positions in the Division of Highways whose annual salary was budgeted below $50,000.
     Pay raise costs are calculated assuming 22.15% employee benefit costs.
    
    



    Person submitting Fiscal Note: Mike McKown
    Email Address: mike.p.mckown@wv.gov