Banking Department

A reduction of 20 FTEs, all in the Regulation program. The regulation program’s personal service appropriation represents a real $1.4 million decrease from last year’s adjusted appropriation that includes the funding for last year’s contractual increases. According to GOER and DOB all of the FTE reductions will be accomplished through attrition. Some or all of these reductions could be accomplished by eliminating funded vacancies, currently there are ? vacancies in the Bank Examiner title series. We cannot tell how many of these vacancies are funded vacancies. This issue needs to be clarified with the Banking Department’s management.

This is an over $1 million increase in the non-personal service appropriation for the Regulation program, exclusive of the increase for fringe benefits. Budget documents do not indicate what this increase will fund. This issue needs to be clarified with the Banking Department’s management.

Banking Department
Program Details-State Operations
	Enacted	Proposed	Change in	Percent
Program	2000-01 Budget	2001-02 Budget	Appropriation	Change
All Funds	$59,708,500	$64,563,000	$4,854,500	8.1%
Special Revenue-Other	$59,708,500	$64,563,000	$4,854,500	8.1%

Administration	$5,288,200	$5,828,000	$539,800	10.2%
Personal Service	$3,548,800	$3,878,000	$329,200	9.3%
Nonpersonal Service	$544,700	$556,000	$11,300	2.1%
Fringe Benefits	$1,194,700	$1,394,000	$199,300	16.7%

Analysis & Compliance	$3,051,900	$3,502,000	$450,100	14.7%
Personal Service	$2,128,700	$2,431,000	$302,300	14.2%
Nonpersonal Service	$192,400	$198,000	$5,600	2.9%
Fringe Benefits	$730,800	$873,000	$142,200	19.5%

Regulation Program	$51,368,400	$55,233,000	$3,864,600	7.5%
Personal Service	$31,773,900	$33,177,000	$1,403,100	4.4%
Nonpersonal Service	$8,056,400	$9,153,000	$1,096,600	13.6%
Fringe Benefits	$10,559,700	$11,924,000	$1,364,300	12.9%
Maintenance Undistrib	$978,400	$979,000	$600	0.1%