53#1s (DDC) AG Debt Collection. SB700 - Committee Approved

State Budget

2003 Session

Budget Amendments - SB700 (Committee Approved)

Bill Order » Item 53 #1s

View Budget Item
View Budget Item amendments

AG Debt Collection

Item 53 #1s

Item 53 #1s	First Year - FY2003	Second Year - FY2004
Executive Offices
Debt Collection, Division of	FY2003 $0	FY2004 $235,811	NGF
	FY2003 0.00	FY2004 4.00	FTE

Language
Page 36, line 39, strike "$1,126,076" and insert "$1,361,887".
Page 36, line 44, after "state agencies." insert:
"The Division of Debt Collection is authorized to contract with private collection agents for the collection of debts amounting to less than $1,000."

Explanation
(This amendment provides $235,811 and four positions from special funds the second year to expand debt collection efforts in the Office of the Attorney General. A companion amendment to the revenue page increases general fund revenues by $720,000 the second year as a result of these efforts.)

Item 53

Item 53	First Year - FY2003	Second Year - FY2004
Collection Services (74000)	$1,126,076	$1,126,076
Collection Services (74000)	FY2003 $1,126,076	FY2004 $1,126,076
Fund Sources:
Special	FY2003 $1,126,076	FY2004 $1,126,076

Authority: Title 2.2, Chapter 5, Code of Virginia.

The Division of Debt Collection is authorized to retain as special revenue up to 30 percent of receivables collected on behalf of state agencies.