The Division of the Budget prepares the Governor's proposed budget and executes the budget as enacted by the Legislature. The Division of Budget is included in the Public Protection and General Government bill.

The Governor proposes All Funds appropriations totaling $57,765,000 representing a net decrease of $7,379,000 or 11 percent from State Fiscal Year (SFY) 2002-03.

State Operations

The Executive recommends State Operations General Fund appropriations of $37,115,000, reflecting a net decrease of $9,352,000 or 20.1 percent below the SFY 2002-03 funding level;

The appropriation for the Cash Management Improvement Act Program has been moved from the Miscellaneous All State Departments and Agencies into the Division of the Budget. The Executive recommends an $8,500,000 General Fund appropriation for this Program, which reflects a $6,500,000 or 43.33 percent reduction from the SFY 2002-03 funding level. This appropriation is needed to accept and spend any State interest liabilities owed to the Federal Government under the Federal Cash Management Improvement Act. Within the Program, the Executive also recommends a $6,000,000 Special Revenue-Other (SRO) appropriation reflecting a $3,000,000 or 33.33 percent reduction from the SFY 2002-03 funding level. This appropriation is needed to accept and spend any Federal interest liabilities owed to the State.

A Special Revenue-Other (SRO) appropriation totaling $19,200,000 is recommended, representing a $1,973,000 or 11.45 percent increase above the SFY 2002-03 funding level. Funds in the SRO are derived from the collection of non-tax revenues from any interest or federal liabilities owed to the State. This increase is largely to accommodate the shifting of 18 positions from the General Fund to the SRO. In order to achieve additional General Fund relief, some non-personal service costs previously borne by the General Fund are also shifted to the SRO.

The Internal Service Fund appropriation, totaling $1,300,000, for an annual independent audit of federal programs as proposed by the Executive reflects no change from SFY 2002-03 and the Fiduciary Fund appropriation totaling $150,000 also reflects no change from SFY 2002-03.