The 2010 Executive Budget Document
Secretary of Commerce and Trade [ http://www.commerce.virginia.gov/ ]Mission Statement
Through delegated authority, using specific management and measuring tools, the Secretary of Commerce and Trade provides guidance to agencies within its secretariat. The office oversees agencies responsible for promoting statewide economic growth and community development, attracting and retaining business, promoting the state’s tourism, racing, and film industries, addressing the need for moderate and low income housing, assisting disadvantaged businesses, regulating occupations and professions, ensuring safe workplaces, pursuing international markets for Virginia products, developing and conserving energy and mineral resources, administering the unemployment compensation program, and financing infrastructure projects for localities.Operating Budget Summary
|General Fund||Nongeneral Fund||Personnel Cost|
|2007 Appropriation||$ 836,869||$ 0||$ 775,416|
|2008 Appropriation||$ 837,069||$ 0||$ 775,416|
|2009 Appropriation||$ 24,681,077||$ 0||$ 771,432|
|2010 Appropriation||$ 12,942,096||$ 375,000||$ 759,481|
|2011 Base Budget||$ 12,942,096||$ 375,000||$ 759,481|
|2011 Addenda||$ (12,317,290)||$ (375,000)||$ (206,446)|
|2011 Total||$ 624,806||$ 0||$ 553,035|
|2012 Base Budget||$ 12,942,096||$ 375,000||$ 759,481|
|2012 Addenda||$ (12,317,290)||$ (375,000)||$ (206,446)|
|2012 Total||$ 624,806||$ 0||$ 553,035|
|General Fund||Nongeneral Fund||Total Positions|
|2011 Base Budget||8.00||0.00||8.00|
|2012 Base Budget||8.00||0.00||8.00|
Recommended Operating Budget Addenda
Distribute Central Appropriations amounts to agency budgetsAdjusts the agency budget to reflect amounts moved to or from Central Appropriations to cover the cost of items such as changes in retirement and other benefit contribution rates, as well as the distribution of other centrally funded items.
FY 2011 FY 2012 General Fund ($9,639) ($9,639)
Distribute the fall 2008 budget reductionsDistributes the October 2008 budget reductions reflected in Item 54.05 of Chapter 781. The amount showing in Item 54.05 represents the Governor’s Office and Combined Cabinet total reduction dollars and affected positions. This action provides for the proper distribution of the reduction dollars and position associated with the elimination of a deputy secretary.
FY 2011 FY 2012 General Fund ($136,936) ($136,936) Authorized Positions (1.00) (1.00)
Move appropriation to the correct fundAppropriates revenue generated from the digital media fee enacted by the 2009 General Assembly and deposited to the Governor's Motion Picture Opportunity Fund to the correct fund. The revenue is used to support film incentive programs established by the Virginia Film Office.
Transfer existing appropriation for the Governor's Development Opportunity Fund and the Governor's Motion Picture Opportunity FundTransfers existing appropriation for the Governor's Development Opportunity Fund and the Governor's Motion Picture Opportunity Fund from the Office of the Secretary of Commerce and Trade to a new subagency, Economic Development Incentive Payments. This funding was included in the Office of the Secretary of Commerce and Trade in 2010.
FY 2011 FY 2012 General Fund ($12,111,055) ($12,111,055) Nongeneral Fund ($375,000) ($375,000)
Consolidate support staff in CabinetReflects savings achieved by eliminating funding for a staff position.
FY 2011 FY 2012 General Fund ($59,660) ($59,660)