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Full Report (PDF) - Office of the Legislative Auditor

Full Report (PDF) - Office of the Legislative Auditor

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xviMOTOR ~mCLE DEPUTY REGISTRARSMost largepublic deputiesmade money in1992.There are 34 single-<strong>of</strong>fice public deputies which process more than 24,000 transactionsper year. Our sample data indicate that about 33 percent <strong>of</strong> <strong>the</strong>se deputieslost money in 1992, but only 14 percent would have lost money under <strong>the</strong> currentfee schedule.For private deputies, we measured <strong>the</strong> owner's income by adding salaxy and benefitsreceived by <strong>the</strong> owner to <strong>the</strong> deputy registrar business income (revenues minusexpenses). Some owners <strong>of</strong> corporate deputy registrars who own <strong>the</strong> building<strong>the</strong>y occupy also earn income by renting <strong>the</strong> space to <strong>the</strong> deputy registrar. Whilewe included <strong>the</strong> rent as a deputy expense, we did not include <strong>the</strong> income (orlosses) earned from such investments. Our analysis shows that:• Average incomes <strong>of</strong> private deputy registrars varied greatly with size.We estimate that, in 1992, average incomes rnoged from $15,000 for small deputiesto $77,000 for large deputies. Under<strong>the</strong> current fee schedule, average incomeswould have been about $102,000 forlarge deputies, $47,000 formedium-large deputies, $28,000 for medium-small deputies, and $15,000 forsmall deputies.Average Income <strong>of</strong> Private Deputies, 1992, Actualand with Current Fees$120,000$100,000Income• Actual 1992 EiJWith Current Fees$80,000$60,000$40,000$20,000$0Source: <strong>Office</strong> <strong>of</strong> <strong>the</strong> <strong>Legislative</strong> <strong>Auditor</strong>.Small MedSmall Med Large LargeDeputy SizeWe also examined <strong>the</strong> cost per trnnsaction <strong>of</strong> <strong>the</strong> Department <strong>of</strong> Public Safety and<strong>of</strong> deputy registrars operated by non-pr<strong>of</strong>it organizations. We found that:• At <strong>the</strong> Department <strong>of</strong> Public Safety, <strong>the</strong> cost per transaction in fiscalyear 1993 was $3.26 for walk-in service, $1.32 for renewals by mail,and $4.36 for titles by mail.

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