STATEMENT OF PURPOSE
RS30584 / H0283
This is the FY 2024 original appropriation bill for the State Treasurer. It appropriates a total of $4,931,900
and caps the number of authorized full-time equivalent positions at 28.00. The bill funds two line items. Line
item 1 provides 1.00 FTP for an investment program specialist and line item 2 provides 1.00 FTP for a banking
specialist.
FISCAL NOTE
FTP Gen Ded Fed Total
FY 2023 Original Appropriation 26.00 1,530,800 3,016,000 0 4,546,800
Prior Year Reappropriation 0.00 0 0 50,000,000 50,000,000
FY 2023 Total Appropriation 26.00 1,530,800 3,016,000 50,000,000 54,546,800
Removal of Onetime Expenditures 0.00 0 0 (50,000,000) (50,000,000)
FY 2024 Base 26.00 1,530,800 3,016,000 0 4,546,800
Personnel Benefit Costs 0.00 4,400 10,500 0 14,900
Statewide Cost Allocation 0.00 1,200 9,800 0 11,000
Annualizations 0.00 6,700 0 0 6,700
Change in Employee Compensation 0.00 23,700 52,200 0 75,900
FY 2024 Program Maintenance 26.00 1,566,800 3,088,500 0 4,655,300
1. Investment Program Specialist 1.00 35,100 140,600 0 175,700
2. Banking Specialist 1.00 20,200 80,700 0 100,900
Budget Law Exemptions/Other Adjustments 0.00 0 0 0 0
FY 2024 Total 28.00 1,622,100 3,309,800 0 4,931,900
Chg from FY 2023 Orig Approp 2.00 91,300 293,800 0 385,100
% Chg from FY 2023 Orig Approp. 7.7% 6.0% 9.7% 8.5%
Contact:
Representative James Petzke
(208) 332-1043
Senator Carl Bjerke
(208) 332-1421
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: 03/08/2023, 8:15 AM