COBI 2015 - Finance Director's Office

Overview
Issues
Financials

Sources Uses

FY 2016 Appropriation

The director of the Division of Finance is the state's chief fiscal officer and is responsible for the accounting structure within state government. This includes:

Procedures for the approval and allocation of funds
Accounting control over fund assets
Procedures for approval of proposed expenditures
Statewide payroll and accounting policies
Financial reporting
Budgetary compliance monitoring

The director is also responsible for directing and maintaining a financial control system in accordance with generally accepted accounting principles. (UCA 63A-3-204.)

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $553,600 from all sources for Finance Director's Office. This is a 10.5 percent reduction from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $553,600 from the General/Education Funds, an increase of 21.4 percent from revised Fiscal Year 2015 estimates.

Appropriation Adjustments

The following appropriation adjustments were made during the 2015 General Session:

DescriptionOngoingOne-Time DAS Database Administrator ($74,400)$0

OngoingOne-TimeFinancing Source

($74,400)$0General Fund

Eliminate a database administrator (DTS IT expense) associated with payroll and FINET.

DAS Database Administrator - Part 2$74,400$0

OngoingOne-TimeFinancing Source

$74,400$0General Fund

Database administrator associated with payroll and FINET.

Executive Branch Ethics Commission Line Item ($3,000)$0

OngoingOne-TimeFinancing Source

($3,000)$0General Fund

New line item created in Finance Mandated for Executive Branch Ethics Commission.

Intent Language

HB0003: Item 43

Under the terms of 63J-1-603 of the Utah Code, the Legislature intends that appropriations provided for Finance Administration in Item 18, Chapter 11, Laws of Utah 2014, shall not lapse at the close of FY 2015. Expenditures of these funds are limited to maintenance and operation of statewide systems and websites, studies, training, information technology support and hardware and administration costs for the Executive Branch Ethics Commission: $2,900,000.

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Funding Source

Expenditure Category

Appropriation Type:

Appropriation History by

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
General Fund	459,800	395,100	387,900	596,000	574,700	(121,700)	453,000	95,200	548,200
General Fund, One-time	0	50,000	250,000	1,000	3,000	0	3,000	2,400	5,400
Dedicated Credits Revenue	2,800	0	0	0	0	0	0	0	0
Beginning Nonlapsing	166,600	166,600	136,100	83,000	0	162,700	162,700	(162,700)	0
Beginning Nonlapsing - Finance	0	0	0	0	0	(400,000)	(400,000)	400,000	0
Closing Nonlapsing	(166,600)	(136,100)	(115,400)	(162,700)	0	400,000	400,000	(400,000)	0
Lapsing Balance	0	0	(39,300)	0	0	0	0	0	0
Total	$462,600	$475,600	$619,300	$517,300	$577,700	$41,000	$618,700	($65,100)	$553,600

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Personnel Services	440,500	452,000	458,600	470,900	550,100	(49,500)	500,600	24,900	525,500
In-state Travel	900	700	1,000	500	1,000	0	1,000	0	1,000
Out-of-state Travel	1,700	1,800	4,100	200	4,100	(100)	4,000	100	4,100
Current Expense	13,100	13,300	13,700	12,300	14,900	(1,400)	13,500	200	13,700
DP Current Expense	6,400	7,800	7,300	8,800	7,600	1,200	8,800	500	9,300
Other Charges/Pass Thru	0	0	134,600	24,600	0	90,800	90,800	(90,800)	0
Total	$462,600	$475,600	$619,300	$517,300	$577,700	$41,000	$618,700	($65,100)	$553,600

Show Table | Show Additional Information

Other Indicators	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Budgeted FTE	3	3	2	4	4	0	4	0	4
Actual FTE	4	4.12	4.10	4	0	0	0	0	0

COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.