Compendium of Budget Information for the 2009 General Session

Commerce & Workforce Services
Appropriations Subcommittee

Function

The Insurance Department regulates the bail bond surety industry and bail bond agents operating in Utah (Title 31A-23-35). It ensures that all bail bond sureties and bail bond agents demonstrate adequate preparation, competency, and practice honesty and integrity. The Department ensures that Utah has a strong bail bond surety insurance market that actively supports the needs of the citizens, judiciary, and law enforcement organizations for reliable bail bond sureties, bail bond agents, and bail bonds at competitive prices. Assistance is provided to the public through information and education. The Department investigates and prosecutes unprofessional conduct by bail bond sureties or bail bond agents. Staff is provided to the Bail Bond Surety Oversight Board who reviews new licensing applications and reviews complaints.

Funding Detail

Sources of Finance	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
GFR - Bail Bond Surety Admin	$22,100	$22,100	$22,100	$22,100	$23,500
Lapsing Balance	($4,100)	($1,400)	($2,000)	($3,500)	$0
Total	$18,000	$20,700	$20,100	$18,600	$23,500

Programs:	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Bail Bond Program	$18,000	$20,700	$20,100	$18,600	$23,500
Total	$18,000	$20,700	$20,100	$18,600	$23,500

Categories of Expenditure	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Personal Services	$16,900	$20,000	$18,000	$18,000	$19,100
In-State Travel	$0	$0	$0	$0	$1,500
Out of State Travel	$0	$0	$1,300	$0	$1,500
Current Expense	$1,100	$700	$800	$600	$1,400
Total	$18,000	$20,700	$20,100	$18,600	$23,500

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