Date Requested: February 24, 2015
Time Requested: 03:18 PM
Agency: Administration
CBD Number: Version: Bill Number: Resolution Number:
3281 Introduced HB2916
CBD Subject: Appropriations


FUND(S):

Unknown

Sources of Revenue:

Other Fund Unknown

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 provide limited borrowing authority to the Governor for the completion of renovations to the Capitol Complex, Building 3. The Department of Administration is unable to complete a fiscal note as we do not know what amount will be borrowed, what interest rate will be established or what the monthly payments will be for the amortization schedule. I recommend that the fiscal note request be sent to the WV State Budget Office.



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):


    



Memorandum


    



    Person submitting Fiscal Note: Donna Lipscomb Spano
    Email Address: donna.m.lipscombspano@wv.gov