STATEMENT OF PURPOSE
RS31469 / H0676
This appropriation to the Division of Financial Management provides enhancements to the FY 2025
maintenance budget that includes the additional 2% CEC.
FISCAL NOTE
This appropriation provides an additional $45,800 to the maintenance appropriation provided to the Division
of Financial Management found in House Bill 459. Table 1 shows incremental adjustments to the budget found
in the bill, of which the ongoing increase is $45,800, and there are no onetime appropriations. Table 2 shows
all the adjustments leading to the FY 2025 total. The total budget for the Division of Financial Management is
$44,842,100.
Table 1 FTP Gen Ded Fed Total
Additional 2% Change in Employee Compensation 0.00 33,200 10,400 2,200 45,800
FY 2025 Budget Enhancements 0.00 33,200 10,400 2,200 45,800
% Chg from FY 2025 Maintenance 0.0% 1.5% 1.1% 0.0% 0.1%
Table 2 FTP Gen Ded Fed Total
FY 2024 Original Appropriation 22.00 2,158,600 914,500 41,675,300 44,748,400
Executive Carry Forward 0.00 223,600 0 0 223,600
FY 2024 Estimated Expenditures 22.00 2,382,200 914,500 41,675,300 44,972,000
Removal of Onetime Expenditures 0.00 (226,600) 0 0 (226,600)
FY 2025 Base 22.00 2,155,600 914,500 41,675,300 44,745,400
Personnel Benefit Costs 0.00 (900) (1,900) (400) (3,200)
Statewide Cost Allocation 0.00 23,800 8,700 0 32,500
1% Change in Employee Compensation 0.00 16,500 5,100 0 21,600
FY 2025 Program Maintenance - HB 459 22.00 2,195,000 926,400 41,674,900 44,796,300
FY 2025 Budget Enhancements 0.00 33,200 10,400 2,200 45,800
FY 2025 Total 22.00 2,228,200 936,800 41,677,100 44,842,100
Chg from FY 2024 Orig Approp 0.00 69,600 22,300 1,800 93,700
% Chg from FY 2024 Orig Approp. 0.0% 3.2% 2.4% 0.0% 0.2%
Contact:
Representative Josh Tanner
(208) 332-1057
Senator Scott Herndon
(208) 332-1349
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/29/2024, 8:14 AM