FISCAL NOTE



FUND(S):



Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


BRIM provides blanket bond coverage to those public officials that are required by statute to have a staturory bond.



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 30,000 30,000 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):


BRIM does not anticipate that there is a financial impact to the bond coverage provided, as a result of this proposed legislation.



Memorandum






    Person submitting Fiscal Note: Charles E. Jones, Jr
    Email Address: cjones@wvadmin.gov