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2002 Session

Budget Amendments - SB30 (Conference Report)

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Executive Management Savings - Charitable Gaming Commission (language only)

Item 3-1.01 #32c

Item 3-1.01 #32c

Transfers
Interfund Transfers

Language
Page 419, after line 24, insert:
"AA. Prior to June 30, 2003, the State Comptroller shall transfer from nongeneral fund accounts of the Charitable Gaming Commission an amount estimated at $187,963, representing savings resulting from seven percent reductions in administrative expenses of the Charitable Gaming Commission for fiscal year 2003.  Prior to June 30, 2004, the State Comptroller shall transfer from nongeneral fund accounts of the Charitable Gaming Commission an amount estimated at $216,730 for fiscal year 2004, representing eight percent reductions in administrative expenses."


Explanation
(This amendment captures administrative budget savings of seven percent the first year and eight percent the second year from the Charitable Gaming Commission.)