State employees' lodging expenses.

05LSO-0447.L3

                                                         

FISCAL NOTE

 

	FY 2006	FY 2007	FY 2008
NON-ADMINISTRATIVE IMPACT
Anticipated Expenditure Increase:
GENERAL FUND	0	3,936,000	4,054,000
FEDERAL FUNDS	0	1,115,000	1,149,000
OTHER	0	1,509,000	1,554,000

 

Source of expenditure increase: Increased lodging and meal expense reimbursement for state officers and employees

 

Assumptions:

 

The current standard rate is $85 per day. This bill would increase the standard rate to $91 per day, effective April 1, 2005 (an increase of 7.06 percent). The State Auditor may adjust this amount each year on April 1, by a percentage not to exceed the annual percentage increase in the Wyoming Cost of Living Index (WCLI).

 

This bill increases the amount of potential reimbursement to employees for travel expenses. It does not change the dollar amounts appropriated to state agencies for travel expenses during the 2005-06 biennium. However, it is assumed this increase in the standard rate will impact agency budget requests for the 2007-08 biennium. This potential increase in travel budgets for the 2007-08 biennium is subject to legislative approval during the 2006 budget session.

 

No expenditure increases are estimated for FY 2006 since state agency travel budgets for the 2005-06 biennium have already been established. The estimated expenditure increases for FY 2007 and FY 2008 are based on actual FY 2004 expenditures, increased by 7.06 percent (the percentage increase in the standard rate) and further increased by three percent per year (the assumed percentage increase per year based on the WCLI). Increases were allocated 60 percent General Fund, 17 percent Federal Funds and 23 percent Other Funds.

 

This bill is effective April 1, 2005.

 

 

 

 

Prepared by:   Dean Temte, LSO    Phone:   777-7881