The 2013 Executive Budget Document
Department of the Treasury
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http://www.trs.virginia.gov/
]
Mission Statement
As steward of the Commonwealth's financial resources, the Department of the Treasury's mission is to ensure excellence in the management of its banking, investing, and financing services and the administration of unclaimed property and insurance programs.
Operating Budget Summary
General Fund | Nongeneral Fund | Personnel Cost | |
---|---|---|---|
2009 Appropriation | $ 6,927,822 | $ 9,157,762 | $ 8,674,281 |
2010 Appropriation | $ 8,331,547 | $ 9,570,554 | $ 9,064,485 |
2011 Appropriation | $ 7,933,287 | $ 10,417,344 | $ 9,060,163 |
2012 Appropriation | $ 7,796,907 | $ 10,752,123 | $ 9,229,112 |
2013 Addenda | $ 8,679,439 | $ 10,737,794 | $ 9,311,552 |
2013 Addenda | $ 0 | $ 0 | $ 0 |
2013 Total | $ 8,679,439 | $ 10,737,794 | $ 9,311,552 |
2014 Addenda | $ 7,609,770 | $ 10,737,794 | $ 9,311,552 |
2014 Addenda | $ (5,216) | $ 0 | $ 0 |
2014 Total | $ 7,604,554 | $ 10,737,794 | $ 9,311,552 |
General Fund | Nongeneral Fund | Total Positions | |
---|---|---|---|
2009 Appropriation | 39.50 | 81.50 | 121.00 |
2010 Appropriation | 38.50 | 82.50 | 121.00 |
2011 Appropriation | 38.50 | 82.50 | 121.00 |
2012 Appropriation | 38.50 | 82.50 | 121.00 |
2013 Addenda | 35.50 | 85.50 | 121.00 |
2013 Addenda | 0.00 | 0.00 | 0.00 |
2013 Total | 35.50 | 85.50 | 121.00 |
2014 Addenda | 35.50 | 85.50 | 121.00 |
2014 Addenda | 0.00 | 0.00 | 0.00 |
2014 Total | 35.50 | 85.50 | 121.00 |
Recommended Operating Budget Addenda
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Adjust funding for changes in methodology for Oracle related chargesAdjusts the agency's budget for the general fund share of the impact of VITA charges resulting from a planned change in the rates methodology as applied to Oracle specific costs effective July 1, 2013. Under the new methodology, Oracle costs will be charged directly to those few agencies with Oracle licenses rather than sharing the costs via standard server rates among the many agencies using the servers on which the Oracle software resides as is currently done.
FY 2013 FY 2014 General Fund $ 0 $ (5,216)
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Maintain solvency of the Constitutional Officers Liability ProgramIncreases premiums for the Constitutional Officers Liability Program (VARISK). The program, part of the State Insurance Reserve Trust Fund, is administered by the Division of Risk Management. The premium increase is necessary to address anticipated program expenditures. The premium is paid by the Compensation Board on behalf of the constitutional officers.