FISCAL NOTE
FUND(S):
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The Division of Corrections will be required to spend an additional $1,561,989.00 during FY 2006 to fully fund this legislation. In addition, $205,910.00 will be required in FY 2007 to fund this legislation. These amounts will also be required in FY 2011 and FY 2012 as well as every three years thereafter, according to the proposed language.
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 |
1,561,989 |
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):
Employees hired prior to July 1, 2003 = 1,282
Proposed Salary Increase $1,000.
Personal Service Increase $1,282,000.00
Worker's Comp $1,282,000 x .0369 47,306.
Social Security $1,282,000 x .0765 98,073.
Retirement $1,282,000 x .105 134,610.
FY 2006 Increase $1,561,989.00
Employees hired between 7/1/03 & 7/1/04 169
Proposed Salary Increase $1,000.
Personal Services Increase 169,000.
Worker's Comp $169,000 x .0369 6,236.
Social Security $169,000 x .0765 12,929.
Retirement $169,000 x .105 17,745.
FY 2007 Increase $205,910.00
Memorandum
Person submitting Fiscal Note: Loita Butcher - WV Division of Corrections
Email Address: butchl@mail.wvnet.edu