Compendium of Budget Information for the 2009 General Session

Commerce & Workforce Services
Appropriations Subcommittee

Line Item: Financial Institutions Administration

Function

Financial Institutions has two programs: Administration which includes everything the Department does; and Building Operations and Maintenance which separates rent from everyday operations.

Funding Detail

Sources of Finance	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
GFR - Financial Institutions	$4,789,100	$5,093,100	$5,789,900	$5,989,500	$6,592,300
Beginning Nonlapsing	$30,000	$0	$0	$0	$0
Lapsing Balance	($174,200)	($332,900)	($172,600)	($27,300)	$0
Total	$4,644,900	$4,760,200	$5,617,300	$5,962,200	$6,592,300

Programs:	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Administration	$4,536,700	$4,608,700	$5,451,600	$5,794,500	$6,397,300
Building Operations and Maintenance	$108,200	$151,500	$165,700	$167,700	$195,000
Total	$4,644,900	$4,760,200	$5,617,300	$5,962,200	$6,592,300

Categories of Expenditure	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Personal Services	$3,864,900	$4,079,100	$4,779,300	$5,129,300	$5,494,000
In-State Travel	$83,300	$95,100	$109,900	$127,000	$104,100
Out of State Travel	$247,100	$113,600	$190,400	$114,900	$175,900
Current Expense	$377,800	$340,300	$390,900	$450,900	$673,800
DP Current Expense	$59,000	$132,100	$146,800	$140,100	$144,500
DP Capital Outlay	$12,800	$0	$0	$0	$0
Total	$4,644,900	$4,760,200	$5,617,300	$5,962,200	$6,592,300

Other Indicators	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Budgeted FTE	50.0	54.0	54.0	54.0	54.0

Subcommittee Table of Contents

Program: Building Operations and Maintenance

Function

The Department of Financial Institutions is located at 324 South State Street on the second floor. This downtown Salt Lake City office space is located in an area of escalating lease expenses. Parking is provided on site. The Department's lease is well within the acceptable range established by the Division of Facilities and Construction Management (DFCM).

Funding Detail

Sources of Finance	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
GFR - Financial Institutions	$114,800	$195,000	$195,000	$195,000	$195,000
Lapsing Balance	($6,600)	($43,500)	($29,300)	($27,300)	$0
Total	$108,200	$151,500	$165,700	$167,700	$195,000

Categories of Expenditure	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Current Expense	$108,200	$151,500	$165,700	$167,700	$195,000
Total	$108,200	$151,500	$165,700	$167,700	$195,000

Subcommittee Table of Contents