2003 Session

Budget Bill - SB700 (Introduced)

Joint Legislative Audit and Review Commission

Item 21

Item 21

First Year - FY2003Second Year - FY2004
Legislative Evaluation and Review (78300)$2,819,567$2,819,567
Performance Audits and Evaluation (78303)FY2003 $2,819,567FY2004 $2,819,567
Fund Sources:  
GeneralFY2003 $2,721,696FY2004 $2,721,696
Trust and AgencyFY2003 $97,871FY2004 $97,871

Authority: Title 30, Chapters 7 and 8, Code of Virginia.

A. Out of the amounts for Performance Audits and Evaluation shall be paid the annual salary of the Director, Joint Legislative Audit and Review Commission (JLARC), $135,313 from July 1, 2002, to November 24, 2002, $135,313 from November 25, 2002, to November 24, 2003, and $135,313 from November 25, 2003, to June 30, 2004.

B. JLARC, upon request of the Department of Planning and Budget and approval of the Chairman, shall review and provide comments to the Department on its use of performance measures in the State budget process. The Commission staff shall review the methodology and proposed uses of such performance measures and provide periodic status reports to the Commission.

C. Expenses associated with the oversight responsibility of the Virginia Retirement System by JLARC and the House Appropriations and Senate Finance Committees shall be reimbursed by the Virginia Retirement System upon documentation by the Director of JLARC of the expenses incurred.

D. Out of this appropriation, funds are provided to expand the technical support staff of the Joint Legislative Audit and Review Commission, in order to assist with legislative fiscal impact analysis when an impact statement is referred from the Chairman of a standing committee of the House or Senate, and to conduct oversight of the expenditure forecasting process. Pursuant to existing statutory authority, all agencies of the Commonwealth shall provide access to information necessary to accomplish these duties.