agency budget overview senate environment, economic development and agriculture division february 4,...

Agency Budget OverviewSenate Environment, Economic Development and

Agriculture Division February 4, 2013

Minnesota Department of Commerce

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Commerce Department Leadership Mike Rothman – Commissioner

(651) 296-6025, mike.rothman@state.mn.us

Emily Johnson Piper – Deputy Commissioner & Chief of Staff(651) 297-8940, emily.johnsonpiper@state.mn.us

  Mary Jo Wall – Acting Deputy Commissioner, Financial Institutions

(651) 296-1449, maryjo.wall@state.mn.us

Tim Vande Hey – Deputy Commissioner, Insurance(651) 297-7030, tim.vandehey@state.mn.us

Bill Grant – Deputy Commissioner, Division of Energy Resources(651) 296-7502, bill.grant@state.mn.us

Dennis Ahlers – Assistant Commissioner, Division of Energy Resources(651) 284-3270, dennis.ahlers@state.mn.us

Nancy Leppink – Assistant Commissioner, Enforcement(651) 297-2750, nancy.leppink@state.mn.us

Tim Jahnke – Director of Administrative Services, Chief Financial Officer(651) 282-6460, tim.jahnke@state.mn.us

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Budget Overview – Governor’s Recommendation

Financial Institutions$9,750,000

Petrofund$20,794,000

Consumer Response Team, Licensing, Unclaimed Property, and Administrative Services

$16,044,000 Enforcement$22,564,000

Telecommunications$12,167,000

Division of Energy Resources$348,287,000

Insurance$17,678,000

Weights & Measures$7,162,000

ExpendituresFY14-15 $454,446,000

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Budget Overview – Governor’s Recommendation

Special Revenue$56,575,000

Federal$325,070,000

Non - Dedicated$208,582,000

Total RevenueFY14-15 $590,227,000

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Budget Overview – Governor’s Recommendation

Revenue Expenditures -

100,000,000

200,000,000

300,000,000

400,000,000

500,000,000

600,000,000

700,000,000

General fund; $208,262,000

General fund; $46,378,000

All other funds, $382

All other funds, $408

Revenue vs. ExpendituresAll other funds

General fund

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Expenditures by Program Governor’s Recommendation (Dollars in Thousands)

Division of Energy Resources FY2014-15

Low Income Heating Assistance Program $297,890

Weatherization Assistance Program $19,793

Conservation Improvement Program $8,893

Routing and Siting $6,050

State Energy Program $3,303

All Other Energy Resources $12,358

Total: $348,287

Financial Institutions Division FY2014-15

Bank, Credit Union, and Mortgage Exams $9,750

Total: $9,750

Insurance Division FY2014-15

Insurance Exams and Regulation $13,814

Rate Review Grant $2,258

All Other Insurance Division $1,606

Total: $17,678

Enforcement Division FY2014-15

Investigation and Review $7,940

License Technology Surcharge $5,800

Auto Theft Prevention Program $4,242

Insurance Fraud Prevention unit $3,366

All Other Enforcement Division $1,216

Total: $22,564

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Expenditures by Program (Dollars in Thousands)

Governor’s Recommendation – cont.

Telecommunications FY2014-15

Telecommunications Regulation $2,018

Telecommunications Access Minnesota $9,649

Office of Broadband Development $500

Total: $12,167

All Other Commerce Programs FY2014-15

Petroleum Tank Cleanup $20,794

Weights and Measures $7,162

Consumer Response Team, Licensing, Unclaimed Property, and Administrative Services

$16,044

Total: $44,000

Commerce Total FY2014-15

Division of Energy Resources $348,287

Financial Institutions Division $9,750

Insurance Division $17,678

Enforcement Division $22,564

Telecommunications $12,167

All Other Commerce Programs $44,000

Total: $454,446

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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)

Agency Investment with Revenue OffsetIncrease appointment fee by $20/appointment and Other General Fund revenue increase

FY 14 FY 15 FY 14-15 Biennium

FY 16 FY 17 FY 16-17 Biennium

General Fund Expenditure 1,275 1,275 2,550 1,275 1,275 2,550

General Fund Revenue 4,950 4,950 9,900 4,950 4,950 9,900

Net Change (3,675) (3,675) (7,350) (3,675) (3,675) (7,350)

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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)

Unclaimed Property Compliance Program

FY 14 FY 15 FY 14-15 Biennium

FY 16 FY 17 FY 16-17 Biennium

General Fund Expenditure 0 0 0 375 375 750

General Fund Revenue 0 0 0 1,875 1,875 3,750

Net Change 0 0 0 (1,500) (1,500) (3,000)

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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)

Weights & Measures Equipment Investment

FY 14 FY 15 FY 14-15 Biennium

FY 16 FY 17 FY 16-17 Biennium

Special Revenue

Expenditure 276 276 552 276 276 552

Special Revenue

Revenue 276 276 552 276 276 552

General Fund Revenue 54 54 108 54 54 108

Net Change (54) (54) (108) (54) (54) (108)

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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)

Broadband Task Force

FY 14 FY 15 FY 14-15 Biennium

FY 16 FY 17 FY 16-17 Biennium

General Fund Expenditure 250 250 500 250 250 500

General Fund Revenue 0 0 0 0 0 0

Net Change 250 250 500 250 250 500

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2014 – 17 Governor’s Recommended Change Items (Dollars in Thousands)

Joint Study with the Department of Natural Resources

FY 14 FY 15 FY 14-15 Biennium

FY 16 FY 17 FY 16-17 Biennium

Special Revenue

Expenditure 150 100 250 100 50 150

Special Revenue

Revenue 150 100 250 100 50 150

Net Change 0 0 0 0 0 0

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Questions?