Banking Department
Analysis as of February 4, 2000:
- According to the Assembly a total of $1,452,000 has been appropriated for the Tokyo office which supports six staff positions. This is a decrease of $592,000 from last year’s appropriation, which is attributed to revised accounting for fringe benefits.
- The Assembly also states that $150,000 is appropriated for two full-time equivalent positions to enforce the Automated Teller Machine Safety program. This is a increase of $30,000 from SFY 1999-00 which is to pay for increase ATM inspector travel.
- The Assembly also states that $263,000 is appropriated for ten positions in the Bank Intern program.
- The Senate confirms that the 21 positions to be eliminated in the Regulation program are vacant positions and that $215,600 of the $562,600 increase in the department’s State Operations budget is for "promotional incentive raises" the cost of which is partially offset by the elimination of the 21 vacant positions.
- The Governor’s 30-day amendments made no significant changes to the department’s State operations budget.
The Executive Budget recommends (analysis as of January 20, 2000):
- A reduction of 21 ASAFL positions in the Regulation program for a total of 619 ASAFL positions. The GOER report shows the same overall number of positions (619), but claims that is the current number of full-time equivalent positions filled in the department. The Department of Civil Service composite report for the Banking Department shows that there were 637 positions filled as of 11/24/99, including 71 temporary positions. 30 of these temporary positions were Student Assistants that may not show up on the GOER full-time equivalent position report. Since all these numbers are contradictory and do not measure the exact same position type it is unclear whether any real currently funded positions will be eliminated in the Banking Department during the SFY2000-01 fiscal year. This is particularly indicated by the $562,600 increase in the department’s overall budget with slight increases in personal service and fringe benefits appropriations in all three of the department’s programs.
|
Banking Department |
|
Program Details-State Operations |
|
|
Enacted |
Proposed |
Change in |
Percent |
|
Program |
1999-00 Budget |
2000-01 Budget |
Appropriation |
Change |
|
All Funds |
$59,145,900 |
$59,708,500 |
$562,600 |
1.0% |
|
General Fund |
$0 |
$0 |
$0 |
|
|
Special Revenue-Other |
$59,145,900 |
$59,708,500 |
$562,600 |
1.0% |
|
|
|
|
$0 |
|
|
Administration |
$5,116,400 |
$5,288,200 |
$171,800 |
3.4% |
|
Personal Service |
$3,432,900 |
$3,548,800 |
$115,900 |
3.4% |
|
Nonpersonal Service |
$531,900 |
$544,700 |
$12,800 |
2.4% |
|
Fringe Benefits |
$1,151,600 |
$1,194,700 |
$43,100 |
3.7% |
|
|
|
|
|
|
|
Analysis & Compliance |
$2,875,000 |
$3,051,900 |
$176,900 |
6.2% |
|
Personal Service |
$2,007,200 |
$2,128,700 |
$121,500 |
6.1% |
|
Nonpersonal Service |
$184,800 |
$192,400 |
$7,600 |
4.1% |
|
Fringe Benefits |
$683,000 |
$730,800 |
$47,800 |
7.0% |
|
|
|
|
|
|
|
Regulation Program |
$51,154,500 |
$51,368,400 |
$213,900 |
0.4% |
|
Personal Service |
$31,795,700 |
$31,773,900 |
($21,800) |
-0.1% |
|
Nonpersonal Service |
$7,766,100 |
$8,056,400 |
$290,300 |
3.7% |
|
Fringe Benefits |
$10,614,300 |
$10,559,700 |
($54,600) |
-0.5% |
|
Maintenance Undistrib |
$978,400 |
$978,400 |
$0 |
0.0% |
Last Updated on 02/03/00