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