STATEMENT OF PURPOSE
RS27095
This is the FY 2020 original appropriation bill for the State Treasurer. It appropriates a total of $4,333,900
and caps the number of authorized full-time equivalent positions at 26.00. For benefit costs, the bill
maintains the current appropriated amount for health insurance at $11,650 per eligible FTP and provides
a 5.5% increase for the employer's share of PERSI contributions. For statewide cost allocation, $15,300
is provided. An annualization in the amount of $6,200 is provided for the State Treasurer's salary. The
bill also provides funding for the equivalent of a 3% change in employee compensation for permanent
employees, with a minimum increase of $550 for each employee and the remaining amount to be distributed
based on merit. The bill funds one line item, which provides $1,300 for the Governor's initiative to replace
the state's core network equipment.
FISCAL NOTE
FTP Gen Ded Fed Total
FY 2019 Original Appropriation 26.00 1,430,400 2,807,900 0 4,238,300
Reappropriation 0.00 0 105,700 0 105,700
FY 2019 Total Appropriation 26.00 1,430,400 2,913,600 0 4,344,000
Noncognizable Funds and Transfers 0.00 0 0 0 0
FY 2019 Estimated Expenditures 26.00 1,430,400 2,913,600 0 4,344,000
Removal of Onetime Expenditures 0.00 0 (105,700) 0 (105,700)
FY 2020 Base 26.00 1,430,400 2,807,900 0 4,238,300
Benefit Costs 0.00 3,800 6,500 0 10,300
Statewide Cost Allocation 0.00 2,800 12,500 0 15,300
Annualizations 0.00 6,200 0 0 6,200
Change in Employee Compensation 0.00 20,700 41,800 0 62,500
FY 2020 Program Maintenance 26.00 1,463,900 2,868,700 0 4,332,600
GOV TECH 1. Network Equip Replacement 0.00 0 1,300 0 1,300
FY 2020 Total 26.00 1,463,900 2,870,000 0 4,333,900
Chg from FY 2019 Orig Approp 0.00 33,500 62,100 0 95,600
% Chg from FY 2019 Orig Approp. 0.0% 2.3% 2.2% 2.3%
Contact:
Maggie Smith
Budget and Policy Analysis
(208) 334-4741
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 H0265