Group: Natural Resources, Agriculture, & Environment Agency: Restricted Revenue - NRAE Function 'The Restricted Revenue - NRAE' is not an organization of State government but a mechanism to directly appropriate funding from the General Fund to restricted accounts and/or from restricted accounts to the General Fund.
Intent Language Referring to the one-time appropriation of $2 million from the Agricultural Rural Development Loan Fund for FY 2011, the Legislature provided the following intent language:
The Legislature intends that these funds be appropriated to securitize, at a discounted rate, funding for emergency relief loans to the dairy sector, as determined by the Agricultural Advisory Board to be under severe distress. The Legislature intends that these emergency relief loans be secured with United States Department of Agriculture loan protection guarantees, be approved and administered by the Agricultural Advisory Board, and be secured with sufficient funds or other collateral to assure revenue bond payment. Funding Detail Sources of Finance | 2007 Actual | 2008 Actual | 2009 Actual | 2010 Actual | 2011 Approp | General Fund | $0 | $2,000,000 | $1,346,300 | $1,241,700 | $1,346,300 | General Fund, One-time | $0 | $0 | $12,077,000 | $7,104,600 | $0 | Uniform School Fund, One-time | $0 | $5,000,000 | $0 | $0 | $0 | GFR - Land Exchange Distribution Account | $0 | $0 | $0 | $1,350,000 | $2,350,000 | Agri Rural Dev Loan Fund | $0 | $0 | $0 | $0 | $2,000,000 | Total | $0 | $7,000,000 | $13,423,300 | $9,696,300 | $5,696,300 |
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  | Line Items | 2007 Actual | 2008 Actual | 2009 Actual | 2010 Actual | 2011 Approp | Energy Efficiency Fund | $0 | $5,000,000 | $0 | $0 | $0 | Rangeland Improvement Fund | $0 | $2,000,000 | $1,923,300 | $1,346,300 | $1,346,300 | Rural Rehab Loan Fund | $0 | $0 | $8,500,000 | $0 | $2,000,000 | GFR - Constitutional Defense Restricted Account | $0 | $0 | $0 | $1,350,000 | $2,350,000 | Invasive Species Mitigation Fund | $0 | $0 | $2,000,000 | $500,000 | $0 | Water Resources C&D Fund | $0 | $0 | $0 | $6,500,000 | $0 | Agriculture Resource Development Loan Fund | $0 | $0 | $1,000,000 | $0 | $0 | Total | $0 | $7,000,000 | $13,423,300 | $9,696,300 | $5,696,300 |
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  | Categories of Expenditure | 2007 Actual | 2008 Actual | 2009 Actual | 2010 Actual | 2011 Approp | Other Charges/Pass Thru | $0 | $7,000,000 | $13,423,300 | $9,696,300 | $5,696,300 | Total | $0 | $7,000,000 | $13,423,300 | $9,696,300 | $5,696,300 |
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Subcommittee Table of Contents |