2004 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Ingram
Deputy Treasurer Career Development Program

Item 69 #2h

Item 69 #2h

First Year - FY2005 Second Year - FY2006
Compensation Board FY2005 $85,515 FY2006 $192,486 GF

Page 51, line 43, strike "$21,801,282" and insert "$21,886,797".
Page 51, line 43, strike "$21,801,282" and insert "$21,993,768".
Page 53, after line 3, insert:
"D.1. Out of the amounts in this item shall be provided $85,515 the first year and $192,486 the second year from the general fund for the Compensation Board to implement a Deputy Treasurers' Career Development Plan.  The Compensation Board shall adopt minimum criteria for the Deputy Treasurers’ Career Development Plan by July 15, 2004.   The minimum criteria shall include initial and continuing education requirements for the Deputy Treasurers and performance criteria.  The Compensation Board shall submit the minimum criteria for Deputy Treasurers Career Development Plan to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees no later than August 15, 2004.
2. For each deputy treasurer selected by the Treasurer for participation in the Career Development Program, the Compensation Board shall increase the annual salary established for that position by one grade level (9.3 percent), effective December 1, following receipt of the Treasurer’s certification that the minimum requirements of the Deputy Treasurers’ Career Development Program have been met, and provided that such certification is submitted by the Treasurer as part of the annual budget request to the Compensation Board on February 1st of each year.  The first period for Treasurers to make this certification and select deputy treasurers for participation in the Career Development Program will be on the budget request submitted to the Compensation Board on or before February 1, 2004, for a salary increase effective date of December 1, 2004.  Subsequent new certifications and selections for participation will occur each year as a part of the annual budget request submission on or before February 1st of each year, for an effective date of salary increase of the following December 1st."

(This amendment provides additional general fund dollars to the Compensation Board to establish a deputy treasurer career development program. Although originally proposed as a component of the career development plan for treasurers, the deputy treasurer career development plan was never actually implemented because of the state agency budget reductions that began in fiscal year 2001. The general fund dollars included in this amendment will enable the program to be implemented in the 2004-06 biennium, and will address treasurers' concerns about the retention of their most highly trained and experienced staff.)