STATEMENT OF PURPOSE
RS30646 / H0324
This is the FY 2024 original appropriation bill for the Division of Financial Management. It appropriates a
total of $44,748,400 and caps the number of authorized full-time equivalent positions at 22.00. The bill funds
one line item, which provides additional funds for the State Small Business Credit Initiative (SSBCI) program,
and the Homeowners Assistance program. Also included in this bill is a onetime FY 2023 supplemental, which
provides for a total $45,067,000 onetime increase from ARPA funds for the SSBCI program, the Emergency
Rental Assistance (ERA) program, and the Homeowners Assistance program. A supplemental for financial
specialists was approved earlier this session and sent out as a separate bill.
FISCAL NOTE
FTP Gen Ded Fed Total
FY 2023 Original Appropriation 20.00 2,081,400 670,200 66,603,900 69,355,500
Prior Year Reappropriation 0.00 450,000 0 33,000,000 33,450,000
1. ARPA - SSBCI, ERA, and Homeowners 0.00 0 0 45,067,000 45,067,000
2. Financial Specialists 2.00 0 71,200 0 71,200
FY 2023 Total Appropriation 22.00 2,531,400 741,400 144,670,900 147,943,700
Executive Carry Forward 0.00 19,900 7,900 0 27,800
FY 2023 Estimated Expenditures 22.00 2,551,300 749,300 144,670,900 147,971,500
Removal of Onetime Expenditures 0.00 (469,900) (13,900) (78,067,000) (78,550,800)
Base Adjustments 0.00 0 0 (38,000,000) (38,000,000)
FY 2024 Base 22.00 2,081,400 735,400 28,603,900 31,420,700
Personnel Benefit Costs 0.00 7,100 5,300 800 13,200
Replacement Items 0.00 3,000 0 0 3,000
Statewide Cost Allocation 0.00 9,500 2,800 0 12,300
Annualizations 0.00 0 147,700 0 147,700
Change in Employee Compensation 0.00 44,400 19,200 3,000 66,600
FY 2024 Program Maintenance 22.00 2,145,400 910,400 28,607,700 31,663,500
DHR Consolidation 0.00 13,200 4,100 600 17,900
1. ARPA - SSBCI, and Homeowners Assistance 0.00 0 0 13,067,000 13,067,000
FY 2024 Total 22.00 2,158,600 914,500 41,675,300 44,748,400
Chg from FY 2023 Orig Approp 2.00 77,200 244,300 (24,928,600) (24,607,100)
% Chg from FY 2023 Orig Approp. 10.0% 3.7% 36.5% (37.4%) (35.5%)
Contact:
Representative Rod Furniss
(208) 332-1056
Senator Van T. Burtenshaw
(208) 332-1342
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: 03/15/2023, 2:38 PM