FISCAL NOTE
FUND(S):
1612 - Services and Collections Account
Sources of Revenue:
Special Fund
Legislation creates:
A New Program
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
1. Technological (Changes to candidate database, internet, and online campaign finance reporting program) - $250,000
2. State Election Commission Budget - Additional appropriation needed for meetings - $10,000
3. Personnel - $75,000 (Including Benefits) - Implement policies and procedures for Public Financing of Campaigns
4. Program Expenditures - $2,000,000
5. Estimated Total Revenue - Not discernible at this time
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2005 Increase/Decrease (use"-") |
2006 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
2,335,000 |
2,335,000 |
Personal Services |
0 |
75,000 |
75,000 |
Current Expenses |
0 |
260,000 |
260,000 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
2,000,000 |
2,000,000 |
2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
2 Staff Members - $75,000 (Including Benefits); technology changes - $250,000; added expenses to State Election Commission - $10,000; $2,000,000 is the estimated amount of potential distribution to qualifying candidates participating in this project.
Memorandum
Person submitting Fiscal Note: Marie Lamont
Email Address: mlamont@wvsos.com