FISCAL NOTE



FUND(S):

General Fund

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 purpose of this Bill is to increase the salaries of magistrates, family court judges, circuit court judges and supreme court justices as follows: Supreme Court Justices effective 7/1/05 $55,000 Family Court Judges effective 7/1/05 $32,500 Circuit Court Judges effective 7/1/06 $45,000 Magistrates effective 7/1/06 Tier 1 $5,000 Tier 2 $6,375



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 1,664,980 4,253,665 5,918,645
Personal Services 1,664,980 4,253,665 5,918,645
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):


The above noted costs include all fringe benefits plus salaries indicated. Costs for judicial retirement for the indicated salary increses are not presently known. We are reliably informed that Mr. Harry Mandel, actuary for PERS, is available to provide information relative to the cost implications for this Bill.



Memorandum


None



    Person submitting Fiscal Note: Linda Richmond Artimez, Acting Administrative Dir.
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