FISCAL NOTE

Date Requested: January 26, 2018
Time Requested: 09:19 AM
Agency: Motor Vehicles, WV Division of
CBD Number: Version: Bill Number: Resolution Number:
2044 Introduced SB336
CBD Subject: Motor Vehicles


FUND(S):

Road Fund

Sources of Revenue:

Special Fund

Legislation creates:

Creates New Expense



Fiscal Note Summary


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


    The purpose of this bill is to prescribe application forms which provide certain DMV applicants the ability to make contributions to the West Virginia Department of Veterans Assistance.
    
    The Division would incur start-up costs of approximately $7,000 to modify the Cash Register System, approximately $22,000 to modify DMV forms, $120 to modify third party vendor forms, and $53 to modify internal accounting records.
    
    Expenses, equaling 5% of revenue received, would be incurred to receive and process the transactions.
    



Fiscal Note Detail


Effect of Proposal Fiscal Year
2018
Increase/Decrease
(use"-")
2019
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 29,173 0 0
Personal Services 53 0 0
Current Expenses 29,120 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):


    $7,000 Programming costs
    $22,120 Forms
    $53 Personal Services



Memorandum


    



    Person submitting Fiscal Note: Raeann Kriner
    Email Address: raeann.k.kriner@wv.gov