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2004 Special Session I

Budget Amendments - SB5001 (Committee Approved)

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Update Program Structure for Treasurers

Item 69 #2s

Item 69 #2s

First Year - FY2005 Second Year - FY2006
Administration
Compensation Board FY2005 ($5,536,713) FY2006 ($5,536,713) GF

Language
Page 51, line 43, strike "$21,801,282" and insert "$16,264,569".
Page 51, line 43, strike "$21,801,282" and insert "$16,264,569".
Page 45, strike  line 26 and insert:
"Financial Assistance for Administration (xxx) ... $7,860,338  $7,860,338
Financial Assistance for Treasurers  .................. $7,384,347  $7,384,347
Financial Assistance for State Tax Services  ....   $1,019,884  $1,019,884"


Explanation
(This amendment updates the program structure for Treasurers by setting out (i) the salary and benefits for the Treasurers, and (ii) the costs for processing state income tax returns in new subprograms. The existing funding of $5.5 million GF the first year and $5.5 million GF the second year for Directors of Finance is transferred to a new program.)