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2010 Session

Budget Amendments - SB30 (Committee Approved)

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Report on Agency Fund Balances (language only)

Item 273 #3s

Item 273 #3s

Health And Human Resources
Health and Human Resources, Secretary of

Language
Page 176, after line 49, insert:
"D.  On October 1 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 in the prior fiscal year.  At a minimum, the Secretary shall report annual revenues, expenditures, and transfers for each fund subject to this criteria.  The Secretary shall consult with the Senate Finance and House Appropriations Committee staff to develop a format to report this information."


Explanation
(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. Last year's budget included $65.0 million in agency balance transfers. This reporting requirement will allow for better oversight of agency fund balances within HHR.)