The 2009 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 | $ 11,850,195 | $ 419,643 | 125.00 |
| 2009 Addenda | $ (100,000) | $ 0 | 0.00 |
| 2009 Total | $ 11,750,195 | $ 419,643 | 125.00 |
| 2010 Base Budget | $ 11,894,919 | $ 419,643 | 125.00 |
| 2010 Addenda | $ (805,141) | $ 0 | 2.00 |
| 2010 Total | $ 11,089,778 | $ 419,643 | 127.00 |
Recommended Operating Budget Addenda
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Convert the payroll service bureau to an internal service fundExpands the payroll service bureau and converts the bureau into an internal service fund to recover costs for the payroll services from the participating agencies. There is a corresponding amendment to transfer general fund appropriation within the Department of Accounts from the payroll service bureau service area to other service areas lending operating support for the program. For 2010, a decrease of $609,824 (GF) and an increase of two positions.
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Reallocate current agency support for Payroll Service BureauTransfers general fund appropriation from the payroll service bureau service area, back to the agency programs that were previously lending operating support. Starting in FY 2010, the payroll service bureau will become an internal service fund and will be supported by direct payments from agencies. For 2010, $127,900 (GF).
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Reflect Governor’s October reductions in agency budgetsReflects the reductions approved by Governor Kaine in October 2008 for 2009 and the corresponding continuation of savings in 2010. See Part D of this document for reduction details. For 2009, a decrease of $100,000 (GF). For 2010, a decrease of $250,000 (GF).
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Implement targeted reductionsImplements targeted reductions for 2009 and 2010 included in Governor Kaine's 2008-2010 Budget Reduction Plan. Reduction details can be found in Part D of this document. For 2010, a decrease of $73,217 (GF).
Budget Reduction Strategies
October Reduction Strategies
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Charge cost for administration of line of duty program
This strategy transfers a portion of the cost for administration of the line of duty program from the general fund to the current appropriation for line of duty benefits that total $11.3 million in FY 2009.
FY 2009 FY 2010 General Fund Savings $ (100,000) $ (250,000) -
Transfer non-general funds from the Virginia Education Loan Authority reserve funds
This strategy provides resources by transferring Virginia Education Loan Authority (VELA) reserve funds that are unneeded to meet potential loan losses.
FY 2009 FY 2010 Revenue / Transfers $ 550,000 $ 300,000
December Reduction Strategies
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Adjust fee structure for the fiscal service bureau
Change the fees charged to agencies in order to recover the full costs of the services provided for performing the various fiscal and accounting duties of each agency that uses the centralized fiscal service bureau.
FY 2009 FY 2010 General Fund Savings $ 0 $ (28,496) -
Charge localities small purchase charge card participation fee
This strategy implements a nominal 2.5 basis point fee to localities using the Commonwealth's small purchase charge card vendor to offset state-level administrative costs.
FY 2009 FY 2010 General Fund Savings $ 0 $ (15,000) -
Expand payroll services bureau
Expand the payroll services bureau and convert the bureau to an internal service fund in order to recover the costs for the payroll services from the participating agencies.
FY 2009 FY 2010 -
Remove additional funding for pay practices
Removes the half-percent pay practices funding granted to Executive branch agencies in the 2006-08 biennium.
FY 2009 FY 2010 General Fund Savings $ 0 $ (29,721)