Agency Budget Overview Senate Environment, Economic Development and Agriculture Division February 4,...
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Agency Budget Overview Senate Environment, Economic Development and Agriculture Division February 4, 2013 Minnesota Department of Commerce
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Transcript of Agency Budget Overview Senate Environment, Economic Development and Agriculture Division February 4,...
Agency Budget OverviewSenate Environment, Economic Development and
Agriculture Division February 4, 2013
Minnesota Department of Commerce
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Commerce Department Leadership Mike Rothman – Commissioner
(651) 296-6025, [email protected]
Emily Johnson Piper – Deputy Commissioner & Chief of Staff(651) 297-8940, [email protected]
Mary Jo Wall – Acting Deputy Commissioner, Financial Institutions
(651) 296-1449, [email protected]
Tim Vande Hey – Deputy Commissioner, Insurance(651) 297-7030, [email protected]
Bill Grant – Deputy Commissioner, Division of Energy Resources(651) 296-7502, [email protected]
Dennis Ahlers – Assistant Commissioner, Division of Energy Resources(651) 284-3270, [email protected]
Nancy Leppink – Assistant Commissioner, Enforcement(651) 297-2750, [email protected]
Tim Jahnke – Director of Administrative Services, Chief Financial Officer(651) 282-6460, [email protected]
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Budget Overview – Governor’s Recommendation
Financial Institutions$9,750,000
Petrofund$20,794,000
Consumer Response Team, Licensing, Unclaimed Property, and Administrative Services
$16,044,000 Enforcement$22,564,000
Telecommunications$12,167,000
Division of Energy Resources$348,287,000
Insurance$17,678,000
Weights & Measures$7,162,000
ExpendituresFY14-15 $454,446,000
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Budget Overview – Governor’s Recommendation
Special Revenue$56,575,000
Federal$325,070,000
Non - Dedicated$208,582,000
Total RevenueFY14-15 $590,227,000
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Budget Overview – Governor’s Recommendation
Revenue Expenditures -
100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
600,000,000
700,000,000
General fund; $208,262,000
General fund; $46,378,000
All other funds, $382
All other funds, $408
Revenue vs. ExpendituresAll other funds
General fund
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Expenditures by Program Governor’s Recommendation (Dollars in Thousands)
Division of Energy Resources FY2014-15
Low Income Heating Assistance Program $297,890
Weatherization Assistance Program $19,793
Conservation Improvement Program $8,893
Routing and Siting $6,050
State Energy Program $3,303
All Other Energy Resources $12,358
Total: $348,287
Financial Institutions Division FY2014-15
Bank, Credit Union, and Mortgage Exams $9,750
Total: $9,750
Insurance Division FY2014-15
Insurance Exams and Regulation $13,814
Rate Review Grant $2,258
All Other Insurance Division $1,606
Total: $17,678
Enforcement Division FY2014-15
Investigation and Review $7,940
License Technology Surcharge $5,800
Auto Theft Prevention Program $4,242
Insurance Fraud Prevention unit $3,366
All Other Enforcement Division $1,216
Total: $22,564
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Expenditures by Program (Dollars in Thousands)
Governor’s Recommendation – cont.
Telecommunications FY2014-15
Telecommunications Regulation $2,018
Telecommunications Access Minnesota $9,649
Office of Broadband Development $500
Total: $12,167
All Other Commerce Programs FY2014-15
Petroleum Tank Cleanup $20,794
Weights and Measures $7,162
Consumer Response Team, Licensing, Unclaimed Property, and Administrative Services
$16,044
Total: $44,000
Commerce Total FY2014-15
Division of Energy Resources $348,287
Financial Institutions Division $9,750
Insurance Division $17,678
Enforcement Division $22,564
Telecommunications $12,167
All Other Commerce Programs $44,000
Total: $454,446
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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)
Agency Investment with Revenue OffsetIncrease appointment fee by $20/appointment and Other General Fund revenue increase
FY 14 FY 15 FY 14-15 Biennium
FY 16 FY 17 FY 16-17 Biennium
General Fund Expenditure 1,275 1,275 2,550 1,275 1,275 2,550
General Fund Revenue 4,950 4,950 9,900 4,950 4,950 9,900
Net Change (3,675) (3,675) (7,350) (3,675) (3,675) (7,350)
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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)
Unclaimed Property Compliance Program
FY 14 FY 15 FY 14-15 Biennium
FY 16 FY 17 FY 16-17 Biennium
General Fund Expenditure 0 0 0 375 375 750
General Fund Revenue 0 0 0 1,875 1,875 3,750
Net Change 0 0 0 (1,500) (1,500) (3,000)
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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)
Weights & Measures Equipment Investment
FY 14 FY 15 FY 14-15 Biennium
FY 16 FY 17 FY 16-17 Biennium
Special Revenue
Expenditure 276 276 552 276 276 552
Special Revenue
Revenue 276 276 552 276 276 552
General Fund Revenue 54 54 108 54 54 108
Net Change (54) (54) (108) (54) (54) (108)
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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)
Broadband Task Force
FY 14 FY 15 FY 14-15 Biennium
FY 16 FY 17 FY 16-17 Biennium
General Fund Expenditure 250 250 500 250 250 500
General Fund Revenue 0 0 0 0 0 0
Net Change 250 250 500 250 250 500
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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)
Joint Study with the Department of Natural Resources
FY 14 FY 15 FY 14-15 Biennium
FY 16 FY 17 FY 16-17 Biennium
Special Revenue
Expenditure 150 100 250 100 50 150
Special Revenue
Revenue 150 100 250 100 50 150
Net Change 0 0 0 0 0 0
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Questions?
