LD 666 LR 890(01)
An Act to Support Community-based Volunteer Organizations
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Fay of Raymond
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $204,843 $245,458 $250,154 $255,020
General Fund $204,843 $245,458 $250,154 $255,020
Fiscal Detail and Notes
The Department of Economic and Community Development has indicated that it will require ongoing General Fund appropriations totaling $204,843 in fiscal year 2023-24 and $245,458 in fiscal year 2024-25 to establish and operate the Community-based Volunteer Organization Support Program beginning October 1, 2023.  Of this amount, $97,843 and $130,458 in fiscal years 2023-24 and 2024-25 respectively, will be required for one Public Service Executive I position to administer the program.  All Other funding of $107,000 in fiscal year 2023-24 and $115,000 per year beginning in fiscal year 2024-25 will be required for technology related costs to administer the program as well as contracted professional services to provide technical assistance and training statewide.