2009 Session

Budget Amendments - SB850 (Committee Approved)

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Report on Agency Fund Balances (language only)

Item 282 #5s

Item 282 #5s

Health And Human Resources
Health and Human Resources, Secretary of

Page 292, after line 59, insert:
"E.  On October 1st of each year, the Secretary of Health and Human Resources shall prepare and submit fund balance statements to the Chairmen of the Senate Finance and House Appropriations Committees for agencies within the secretariat that oversee funds that generate annual revenues in excess of $1.0 million each year.  The Secretary shall report annual revenues, expenditures, and transfers for each fund subject to this criteria."

(This amendment requires the Secretary of Health and Human Resources to report fund balance information for state agencies within the Secretariat that have funds that exceed annual revenues of $1.0 million. The proposed budget includes $65.0 million in agency balance transfers. This reporting requirement will allow for better oversight of agency fund balances within HHR.)