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GA Adjustment
Central Appropriations (995)
Request Title Address Funding Shortfall at IEIA
Biennium 2014-2016
Budget Round Caboose Bill
Half Sheet Number 468 #5c
Description

This amendment provides $800,000 from the general fund in fiscal year 2016 for the Innovation and Entrepreneurship Investment Authority (IEIA). The IEIA is currently projecting a revenue shortfall that would require the authority to lay off 20 percent of their staff. The newly appointed CEO has requested these funds to get through the current fiscal year and to allow him and the Board time to thoroughly review the authority's operations and business model.

Funding Details
By Program Program Code Program Title FY 2014 FY 2015
  758 Payments For Special Or Unanticipated Expenditures $0 $800,000
By Fund Fund Code Fund Title FY 2014 FY 2015
  01000 General Fund $0 $800,000
Authorized Position Details
By Program Program Code Program Title FY 2014 FY 2015


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 02:14:57