2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Treasurers - Transfer Career Development Funding to Revenue Reserve

Item 72 #1h

Item 72 #1h

First Year - FY2015 Second Year - FY2016
Compensation Board FY2015 ($80,685) FY2016 ($80,685) GF

Page 56, line 11, strike "$16,718,005" and insert "$16,637,320".
Page 56, line 11, strike "$16,718,005" and insert "$16,637,320".
Page 57, strike line 15 through 18.

(This amendment, along with a companion amendment in central accounts, transfers funding for increased participation in the career development programs for the Treasurers and the Deputy Treasurers from the Compensation Board budget to a revenue reserve in Central Appropriations. Under the revenue reserve language these compensation actions would be enacted January 1, 2015 contingent on the final actual fiscal year 2014 revenues and the updated fiscal year 2015 and fiscal year 2016 revenue forecast in the fall of 2014.)