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Fiscal Note

SB0142 - Personnel Management Act Revision

State Impact:
The bill's provision that moves the pay plan from 2.75% steps to 3% steps will move almost all employees to the closest higher 3% step at a cost of $12,900,000. Of that amount, $7,010,800 is General Fund, $776,700 is Uniform School Fund, $938,300 is Transportation Fund, and the remaining $4,174,200 is from other funds.

Funding Source FY 02
Approp.
FY 03
Approp.
FY 02
Revenue
FY 03
Revenue
General Fund $7,010,800 $7,010,800 $0 $0
Uniform School Fund $776,700 $776,700 $0 $0
Transportation Fund $938,300 $938,300 $0 $0
Other $4,174,200 $4,174,200 $0 $0
TOTAL

$12,900,000


$12,900,000


$0


$0

Individual and Business Impact:
State employees would receive an average annual increase of more than $500.

Office of the Legislative Fiscal Analyst
1/25/2001 6:09:07 PM


Last Revised: 30 August, 2000

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