HB 2020 HOUSE AND SENATE BUDGET COMPROMISE PROPOSAL Eric Householder Chairman, House Finance Committee BUDGET SECTION TOTALS Budget Sections General Revenue $ 4,635,887,842 General Revenue Surplus $ 71,625,000 State Road Fund $ 1,384,161,478 Other Funds $ 1,525,022,363 Regular Lottery $ 127,808,000 Regular Lottery Surplus $ 17,750,000 Excess Lottery $ 290,257,000 Excess Lottery Surplus $ 17,000,000 Federal Funds $ 5,189,543,394 Federal Block Grants $ 550,281,331 Special Revenue Appropriations $ 9,549,802 Total Appropriations House $13,818,886,210 Department Legislative Judicial Executive Department Of Administration Department Of Commerce Department Of Education GENERAL REVENUE DEPARTMENT TOTALS Department Of Arts, Culture and History Dept. Of Environmental Protection Dept. Of Health And Human Resources Dept. Of Military Affairs And Public Safety HB2020 House/Senate Agreed Position $24,596,694 $124,322,344 $40,441,366 $108,046,116 $78,973,930 $2,026,670,881 $10,746,862 $6,688,015 $1,265,432,460 $431,025,792 Department Of Revenue Department Of Transportation $31,254,787 $5,159,000 Department Of Veterans' Assistance $12,011,949 Bureau Of Senior Services Community And Technical College System Of West Virginia $29,950,955 Higher Education Policy Commission Claims Against The State General Revenue Total $82,923,657 $357,000,217 $642,817 $4,635,887,842 AVAILABLE GENERAL REVENUE The House and Senate have completed action (or are anticipated to) on many revenue bills. These bills will have the following effects on the Governor’s general revenue estimate: • HB 2001 - Social Security Tax Exemption Phase-in(SFIN amend) +$48MM • HB 3142 - Severance Tax Cut (SFIN amend) -$21.1MM • HB 2673 - Stripper Well Tax Cut: -$16MM • HB 2807 - S Corp/LLC Banking Tax Cut: -$1.1MM This means that the legislature anticipates more revenue than what the Governor’s revenue estimate contemplates. It would still be unconstitutional to over spend the estimate before he recognizes the new revenue. -Available general revenue for appropriation: $4,675,820,000 MAJOR COMPONENTS Pay Raises • Funds have been appropriated for all of the pay raises contemplated in the House version • $67MM in School Aid Formula for a potential teacher pay raise of 5% ($2,120 per year) & Service Personnel of 5% ($1,150 per year) • State Police: 5%; $2,370 per year • State Employees: 5%; $2,370 per year Higher Education • SB 1 – “Last Dollar In” CTC Program: $10MM • HFIN improvement to CTCs (+$5MM) and 4 Year Institutions (+$12.8MM) remain Jim’s Dream • $20MM has been included in General Revenue and $5MM in surplus CTC ENHANCEMENTS • Community and Technical College System - $82,923,657 tot. • +$10,034,748 – WV Invests Grant Program (SB 1) • +$800,000 – Mountwest CTC • +$150,000 – New River CTC • +$300,000 – Peirpont CTC • +$2,500,000 – Blue Ridge CTC • +$400,000 – West Virginia University at Parkersburg • +$150,000 – West Virginia Northern CTC • +$300,000 – Eastern West Virginia CTC • +$400,000 – Bridge Valley CTC HIGHER ED ENHANCEMENTS • Higher Education Policy Commission – $357,000,217 tot. • +$182,000 – Health Professionals’ Student Loan Program (HEPC) • +$553,000 – Bluefield State College • +$1,625,000 – Concord University • +$3,000,000 – Fairmont State University • +$247,000 – Glenville State • +$1,000,000 - Marshall • +$2,700,000 – Shepherd University • +$1,015,000 – West Liberty University • +$1,160,000 – West Virginia State University • +$1,685,124 – WV State University - Land Grant Match • +$1,000,000 – WVU • +$500,000 – WVU-Potomac State • Promise Scholarship funding remains unchanged OTHER GENERAL REVENUE IMPROVEMENTS • State Police Retirement Bump (HB3095) - +$2,430,000 • Local Health Departments - +$1,500,000 • Soil Conservation Projects (Dam Repairs) - +$1,000,000 • Broadband Development (Dept. of Commerce) - +$500,000 • State Police – Dash and Body Cameras - +$500,000 • Child Advocacy Centers - +$500,000 • Military Service Members Court - +$300,000 • Mastery Based Education (HB 2009) - +$125,000 • Low Income Student AP Exam Fee Assistance - +$120,000 FY 2020– SURPLUS General Revenue Lottery Surplus • Dept. of Agriculture – Food Banks: +$300,000 • Senior Nutrition Vehicle Replacement: +$1,000,000 • WVDE– School Camera System: +$3,500,000 • In-Home Nutrition for senior Citizens: +$750,000 • Shepherd University: +$500,000 • Blue Ridge CTC:+$500,000 • WVU Parkersburg: +$500,000 • Glenville State: +$500,000 • DHHR – Newborn Screening program: +$200,000 • DHHR – Sexual Assault Intervention and Prevention: +$125,000 • WV Tourism Office: +$7,000,000 • WVDE – Jim’s Dream Vocational: +$4,000,000 • DHHR – Jim’s Dream: +$1,000,000 UNAPPROPRIATED FY20 GENERAL REVENUE Current General Revenue Estimate $4,675,820,000 HB 2020 GR Spend -$4,635,887,842 Unappropriated GR remaining $39,932,158 The remaining unappropriated general revenue will be available for appropriation at a later date.