Print Friendly SENATE BILL NO. 1194 – Approp, Finance Dept
SENATE BILL NO. 1194
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S1194............................................................by FINANCE
APPROPRIATIONS - DEPARTMENT OF FINANCE - Appropriates $5,139,800 to the
Department of Finance for fiscal year 2008; limits the number of full-time
equivalent positions to 52; directs the distribution of the funding for
employee compensation; and directs the allocation of salary savings.
03/06 Senate intro - 1st rdg - to printing
03/07 Rpt prt - to Fin
Rpt out - rec d/p - to 2nd rdg
03/08 2nd rdg - to 3rd rdg
03/09 3rd rdg - PASSED - 35-0-0
AYES -- Andreason, Bair, Bastian, Bilyeu, Broadsword, Burkett,
Cameron, Coiner, Corder, Darrington, Davis, Fulcher, Gannon, Geddes,
Goedde, Hammond, Heinrich, Hill, Jorgenson, Kelly, Keough, Langhorst,
Little, Lodge, Malepeai, McGee, McKague, McKenzie, Pearce,
Richardson, Schroeder, Siddoway, Stegner, Stennett, Werk
NAYS -- None
Absent and excused -- None
Floor Sponsor - Werk
Title apvd - to House
03/12 House intro - 1st rdg - to 2nd rdg
03/13 2nd rdg - to 3rd rdg
03/14 3rd rdg - PASSED - 69-0-1
AYES -- Anderson, Andrus, Barrett, Bayer, Bedke, Bell, Bilbao, Black,
Block, Bock, Boe, Bolz, Brackett, Bradford, Chadderdon, Chavez, Chew,
Clark, Collins, Crane, Durst, Edmunson, Eskridge, Hagedorn, Hart,
Harwood, Henbest, Henderson, Jaquet, Killen, King, Kren, Labrador,
Lake, LeFavour, Loertscher, Luker, Marriott, Mathews, McGeachin,
Mortimer, Moyle, Nielsen, Nonini, Pasley-Stuart, Patrick, Pence,
Raybould, Ring, Ringo, Roberts, Ruchti, Rusche, Sayler, Schaefer,
Shepherd(2), Shepherd(8), Shirley, Shively, Smith(30), Smith(24),
Snodgrass, Stevenson, Thayn, Trail, Vander Woude, Wills, Wood(27),
Mr. Speaker
NAYS -- None
Absent and excused -- Wood(35)
Floor Sponsor - McGeachin
Title apvd - to Senate
03/15 To enrol
03/16 Rpt enrol - Pres signed
03/19 Sp signed
03/20 To Governor
03/26 Governor signed
Session Law Chapter 178
Effective: 07/01/07
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]]
Fifty-ninth Legislature First Regular Session - 2007
IN THE SENATE
SENATE BILL NO. 1194
BY FINANCE COMMITTEE
1 AN ACT
2 APPROPRIATING MONEYS TO THE DEPARTMENT OF FINANCE FOR FISCAL YEAR 2008; LIMIT-
3 ING THE NUMBER OF FULL-TIME EQUIVALENT POSITIONS; DIRECTING THE DISTRIBU-
4 TION OF THE FUNDING FOR EMPLOYEE COMPENSATION; AND DIRECTING THE ALLOCA-
5 TION OF SALARY SAVINGS.
6 Be It Enacted by the Legislature of the State of Idaho:
7 SECTION 1. There is hereby appropriated to the Department of Finance the
8 following amounts to be expended according to the designated expense classes
9 from the listed funds for the period July 1, 2007, through June 30, 2008:
10 FOR FOR FOR
11 PERSONNEL OPERATING CAPITAL
12 COSTS EXPENDITURES OUTLAY TOTAL
13 FROM:
14 State
15 Regulatory
16 Fund $3,616,200 $1,370,900 $102,700 $5,089,800
17 Securities
18 Investor
19 Education and
20 Training Fund 50,000 50,000
21 TOTAL $3,666,200 $1,370,900 $102,700 $5,139,800
22 SECTION 2. In accordance with Section 67-3519, Idaho Code, the Department
23 of Finance is authorized no more than fifty-two (52) full-time equivalent
24 positions at any point during the period July 1, 2007, through June 30, 2008,
25 for the program specified in Section 1 of this act, unless specifically autho-
26 rized by the Governor. The Joint Finance-Appropriations Committee will be
27 notified promptly of any increased positions so authorized.
28 SECTION 3. Agencies and institutions shall distribute the funding for
29 employee compensation based on merit as follows:
30 (a) Agencies and institutions are directed to, based on merit, target
31 funding first toward high turnover classifications and individuals below
32 midpoint within their agency.
33 (b) Agencies and institutions are directed to, based on merit, target
34 funding second toward positions within their agency that are below ninety
35 percent (90%) of the Compa-Ratio.
36 (c) Agencies and institutions are directed to target any remaining fund-
37 ing based on merit using the merit matrix required by Idaho Code.
38 Agencies and institutions shall create compensation and distribution plans to
39 ensure that they are consistent with the policies contained herein. Agency
40 directors and institutional presidents shall approve all compensation and dis-
41 tribution plans and ensure that implementation of the plans is consistent with
42 policies contained herein. Each agency and institution shall forward, for
2
1 informational purposes, approved copies of the compensation and distribution
2 plans to the Legislative Services Office and the Division of Financial Manage-
3 ment by June 1, 2007. The effective date of implementation of ongoing salary
4 adjustments shall be June 17, 2007.
5 SECTION 4. The Department of Finance is hereby directed to allocate sal-
6 ary savings, based on performance, to provide for employee salary needs before
7 other operational budget priorities are considered. Where applicable, employ-
8 ees whose salaries are below the midpoint of their pay grade or occupational
9 groups with significant turnover rates shall be considered first in the order
10 of salary savings distributions.
| Statement of Purpose |
| RS16390 |
This is a fiscal year 2008 appropriation for the Department of Finance in the amount of $5,139,800.
.
 
| FY 2007 Original Appropriation |
51.00 |
0 |
4,805,200 |
0 |
4,805,200 |
| Removal of One-Time Expenditures |
0.00 |
0 |
(198,800) |
0 |
(198,800) |
| FY 2008 Base |
51.00 |
0 |
4,606,400 |
0 |
4,606,400 |
| Benefit Costs |
0.00 |
0 |
42,300 |
0 |
42,300 |
| Inflationary Adjustments |
0.00 |
0 |
0 |
0 |
0 |
| Replacement Items |
0.00 |
0 |
124,800 |
0 |
124,800 |
| Statewide Cost Allocation |
0.00 |
0 |
127,200 |
0 |
127,200 |
| Change in Employee Compensation |
0.00 |
0 |
151,300 |
0 |
151,300 |
| FY 2008 Program Maintenance |
51.00 |
0 |
5,052,000 |
0 |
5,052,000 |
| Enhancements |
|
|
|
|
|
| Department of Finance |
|
|
|
|
|
| 1. Additional Office Space |
0.00 |
0 |
21,500 |
0 |
21,500 |
| 2. Office Specialist – Financial Institutions |
0.00 |
0 |
0 |
0 |
0 |
| 3. Securities Examiner |
1.00 |
0 |
66,300 |
0 |
66,300 |
| FY 2008 Total |
52.00 |
0 |
5,139,800 |
0 |
5,139,800 |
| Chg from FY 2007 Orig Approp |
1.00 |
0 |
334,600 |
0 |
334,600 |
| % Chg from FY 2007 Orig Approp. |
2.0% |
|
7.0% |
|
7.0% |
Contact: Julie Swanson 334-4743
Legislative Services Office, Budget & Policy Analysis
| Statement of Purpose/Fiscal Note |
Bill No. S1194 |