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2022 Session

Budget Amendments - SB30 (Committee Approved)

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Secretary of Finance Full-Time Position for Oversight of Contract

Item 257 #1s

Item 257 #1s

First Year - FY2023 Second Year - FY2024
Finance
Secretary of Finance FY2023 $250,000 FY2024 $0 NGF
FY2023 1.00 FY2024 0.00 FTE

Language
Page 263, line 3, strike "$729,925" and insert "$979,925".

Page 263, line 7, insert "A." before the sentence.

Page 263, after line 11, insert:

"B. The Secretary of Finance shall certify the results for executive branch agencies and local governments directly receiving federal pandemic relief, economic stimulus grants, or loans that engage an independent third-party firm to perform a risk assessment over the internal controls in administering the program and disbursing the funds. The Secretary of Finance shall compile the findings and provide a report to the Governor, Chair of Senate Finance and Appropriations, and Chair of House Appropriations by November 1 of each year.”



Explanation

(This amendment provides $250,000 NGF and 1.0 FTE the first year within the Secretary of Finance, funded through federal pandemic relief funds, to oversee a contract with a third-party vendor to perform a risk assessment over the internal controls for administering and disbursing the funds, in accordance with federal regulation, craft internal controls and other activities, and report to the Governor and Chairs of the House Appropriations and Senate Finance and Appropriations Committees.)