The 2020 Executive Budget Document
Governor Northam's Proposed Budget for the 2020-2022 Biennum
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Released on December 17, 2019 
 
Department of the Treasury [152]
Secretarial Area: Finance
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
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Biennium Fiscal Year Source GF NGF Total
2014-2016 2015 Chapter 732, 2016 Acts of Assembly $7,795,088 $11,107,554 $18,902,642
2014-2016 2016 Chapter 732, 2016 Acts of Assembly $8,065,414 $11,848,588 $19,914,002
2016-2018 2017 Chapter 1, 2018 Acts of Assembly $9,195,562 $13,837,807 $23,033,369
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $8,818,326 $14,447,073 $23,265,399
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $11,432,877 $38,453,465 $49,886,342
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $9,481,059 $38,457,891 $47,938,950
2020-2022 2021 Governor's Proposed Budget $8,267,876 $41,966,549 $50,234,425
    Base Budget $9,481,059 $38,457,891 $47,938,950
    Addenda (Changes to the Base) ($1,213,183) $3,508,658 $2,295,475
2020-2022 2022 Governor's Proposed Budget $8,114,163 $42,076,549 $50,190,712
    Base Budget $9,481,059 $38,457,891 $47,938,950
    Addenda (Changes to the Base) ($1,366,896) $3,618,658 $2,251,762
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2014-2016 2015 Chapter 732, 2016 Acts of Assembly 35.50 85.50 121.00
2014-2016 2016 Chapter 732, 2016 Acts of Assembly 33.50 87.50 121.00
2016-2018 2017 Chapter 1, 2018 Acts of Assembly 32.60 90.40 123.00
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 31.60 91.40 123.00
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 31.20 91.80 123.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 31.20 91.80 123.00
2020-2022 2021 Proposed Positions 32.20 91.80 124.00
    Base Budget 31.20 91.80 123.00
    Addenda (Changes to the Base) 1.00 0.00 1.00
2012-2014 2022 Proposed Positions 32.20 91.80 124.00
    Base Budget 31.20 91.80 123.00
    Addenda (Changes to the Base) 1.00 0.00 1.00
Operating Budget Addenda (in order of greatest impact)
•
Increase and reallocate state general liability program premiums Decision Package
  Increases nongeneral fund appropriation to reflect an increase in insurance premiums for state agencies. An increase in premiums is needed in order to avoid a cash deficit of the fund.
 
  FY 2021 FY 2022
Nongeneral Fund $2,000,000 $2,000,000
•
Remove appropriation for one-time administrative costs for the Taxpayer Relief Fund Base Budget Adjustment
  Removes appropriation for one-time administrative costs associated with the execution of the Taxpayer Relief Fund pursuant to Senate Bill 1372 of the 2019 General Assembly.
 
  FY 2021 FY 2022
General Fund ($1,600,000) ($1,600,000)
•
Replace unclaimed property system Decision Package
  Increases nongeneral fund appropriation for the procurement of a new unclaimed property system. Replacing the current system will improve both customer experience and internal efficiency.
 
  FY 2021 FY 2022
Nongeneral Fund $755,000 $490,000
•
Adjust appropriation for centrally funded changes to agency information technology costs Base Budget Adjustment
  Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 475 G. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $278,703 $278,703
Nongeneral Fund $269,821 $269,821
•
Remove appropriation for one-time relief costs of Gary Bush Base Budget Adjustment
  Removes appropriation for one-time costs associated with the relief of Gary Linwood Bush, pursuant to the passage of Senate Bill 1477 of the 2019 General Assembly.
 
  FY 2021 FY 2022
General Fund ($520,163) ($520,163)
•
Adjust appropriation for centrally funded 2.75 percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the 2.75 percent salary increase for state employees budgeted in Central Appropriations, Item 474 T. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $66,669 $66,669
Nongeneral Fund $166,436 $166,436
•
Procure new investment accounting and reporting system Decision Package
  Increases general fund appropriation for the replacement of the current investment and accounting reporting system.
 
  FY 2021 FY 2022
General Fund $295,000 $120,000
•
Procure risk management information system Decision Package
  Adjusts nongeneral fund appropriation for the procurement of a new Risk Management Information System.
 
  FY 2021 FY 2022
Nongeneral Fund $0 $375,000
•
Adjust appropriation for centrally funded 2.25 percent merit-based salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the 2.25 percent merit-based salary increase for state employees budgeted in Central Appropriations, Item 474 V. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $45,509 $45,509
Nongeneral Fund $116,009 $116,009
•
Adjust appropriation for centrally funded changes to agency rental costs Base Budget Adjustment
  Adjusts appropriation for changes to agency rental costs at the seat of government budgeted in Central Appropriations, Item 475 J. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund ($80,153) ($80,153)
Nongeneral Fund $80,153 $80,153
•
Increase funding to develop bond proceeds management system Decision Package
  Increases general fund appropriation for the hiring of an additional information technology employee to develop a bond proceeds management system. Bond proceeds are currently tracked using a spreadsheet model that is no longer efficient for the necessary functions.
 
  FY 2021 FY 2022
General Fund $134,177 $146,374
Positions 1.00 1.00
•
Increase funding for a new position in the Cash Management and Investments Division Decision Package
  Adjusts general fund appropriation for a new analyst position in the Cash Management and Investments Division. The addition of this position is intended to improve both the cash and Literary Fund forecasts for the division.
 
  FY 2021 FY 2022
General Fund $100,003 $109,093
•
Adjust appropriation for centrally funded changes to Cardinal Financials System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 475 L. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $27,471 $27,471
Nongeneral Fund $48,294 $48,294
•
Adjust appropriation for centrally funded changes to state health insurance premiums Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 474 G. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $18,225 $18,225
Nongeneral Fund $55,383 $55,383
•
Adjust appropriation for centrally funded information technology auditors and security officers Base Budget Adjustment
  Adjusts appropriation for information technology auditors and information security officers budgeted in Central Appropriations, Item 475 K. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $5,440 $5,440
Nongeneral Fund $17,279 $17,279
•
Transfer Payroll Service Bureau charges Decision Package
  Transfers general fund appropriation from the Department of Accounts to the Department of the Treasury in order to allow for Payroll Services Bureau charges to be paid for by the appropriate agency.
 
  FY 2021 FY 2022
General Fund $14,827 $14,827
•
Adjust appropriation for centrally funded state employee other post-employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes to state employee other post-employment benefit rates budgeted in Central Appropriations, Item 474 K. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund ($587) ($587)
Nongeneral Fund ($1,461) ($1,461)
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes to contribution rates for state employee retirement plans budgeted in Central Appropriations, Item 474 H. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $586 $586
Nongeneral Fund $1,462 $1,462
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 474 R. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $1,091 $1,091
•
Adjust appropriation for centrally funded changes to Performance Budgeting System charges Base Budget Adjustment
  Adjusts appropriation for changes to Performance Budgeting System internal service fund charges budgeted in Central Appropriations, Item 475 M. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund $26 $26
Nongeneral Fund $240 $240
•
Adjust appropriation for centrally funded internal service fund charges for the Personnel Management Information System Base Budget Adjustment
  Adjusts appropriation for Personnel Management Information System internal service fund charges budgeted in Central Appropriations, Item 475 O. of Chapter 854, 2019 Acts of Assembly.
 
  FY 2021 FY 2022
General Fund ($7) ($7)
Nongeneral Fund $42 $42
•
Transfer nongeneral fund appropriation to fund increased operating costs Decision Package
  Transfers nongeneral fund appropriation from the Accounting and Trust Services service area to the Administrative Services service area to cover increased personal services costs in Administrative Services due to the filing of recent vacancies.


pdocagy2014 - Executive Budget Document Agency Details - 06-07-2025 13:54:11