The 2008 Executive Budget Document
Department of Accounts
Mission Statement
Provide a uniform system of accounting, financial reporting, and internal control adequate to protect and account for the Commonwealth’s financial resources while supporting and enhancing the recognition of Virginia as the best managed state in the nation.
Operating Budget History
| General Fund | Nongeneral Fund | Positions | |
|---|---|---|---|
| 2005 Appropriation | $ 8,182,413 | $ 42,000 | 103.00 |
| 2006 Appropriation | $ 8,546,452 | $ 42,000 | 97.00 |
| 2007 Appropriation | $ 9,463,551 | $ 383,665 | 105.00 |
| 2008 Appropriation | $ 11,039,146 | $ 383,665 | 119.00 |
| General Fund | Nongeneral Fund | Positions | |
|---|---|---|---|
| 2009 Base Budget | $ 11,039,146 | $ 383,665 | 119.00 |
| 2009 Addenda | $ 811,049 | $ 35,978 | 6.00 |
| 2009 Total | $ 11,850,195 | $ 419,643 | 125.00 |
| 2010 Base Budget | $ 11,039,146 | $ 383,665 | 119.00 |
| 2010 Addenda | $ 855,773 | $ 35,978 | 6.00 |
| 2010 Total | $ 11,894,919 | $ 419,643 | 125.00 |
Recommended Operating Budget Addenda
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Distribute Central Appropriations amounts to agency budgetsAdjusts the agency budget to reflect amounts moved from Central Appropriations to cover the cost of items such as the continuation of 2007 and 2008 salary and health insurance premium increases, as well as changes in retirement and disability contribution rates and other centrally funded items. For each year, $734,224 (GF) and $35,978 (NGF).
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Eliminate one-time funding that was to be used to establish an alternate cold site locationEliminates one-time funding to establish a cold site location to enhance disaster recovery preparedness. At this time, the agency has not used the funding and included this amount in its carryforward from 2007. For each year, a reduction of $100,000 (GF).
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Provide General Assembly authorized salary increase and payroll fringe benefits for new Accounting and Internal Control Compliance Oversight staffAdjusts the agency budget to cover the cost of items such as the continuation of 2008 salary and health insurance premium increases, changes in retirement and disability contribution rates, and other centrally funded items for 14 authorized positions for the Accounting and Internal Control Compliance Oversight staff. These are recently filled positions and are not included in the amendment to distribute Central Appropriations amounts to the agency. For each year, $59,912 (GF).
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Continue 2008 budget reductionsContinues the budget reductions included in the Governor's 2008 reduction plan into the 2008-10 biennium. For each year, a reduction of $201,957 (GF).
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Consolidate support for small agencies to meet the information technology security audit standardsProvides funding for the agency to assist small agencies with the support needed to comply with the requirements of the information technology security policy (SEC500-02). Meeting the security standards outlined in the policy is difficult for small agencies with little or no information technology staff. The funds will be used to establish a section within the Internal Control Compliance Oversight section to provide support and assistance to the small agencies. For 2009, $318,870 (GF) and two positions. For 2010, $363,594 (GF).
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Increase positions in payroll service bureau due to increased workloadProvides additional positions to address an increased workload resulting from the inclusion of new agencies. The payroll service bureau recently assumed responsibility for the payroll functions for the Department of Motor Vehicles (DMV). No additional funding is necessary as the positions will be supported with revenue from DMV. For 2009, four positions.