Nevada_Executive_Budget_2013-2015

DEPARTMENT OF BUSINESS AND INDUSTRY - The department administers its programs and regulatory activities in a manner that provides prompt and
efficient service to the public and regulated entities.
Department Budget Highlights:
1. Stabilize the Housing Market - Business & Industry will utilize funds from the Nat'l
Mortgage Settlement to stabilize the housing market, address consumer issues thru a
mortgage refinance/retention program, incr compliance/enforcement and licensing activities
in Real Estate and Mort Lending, and create a Consumer Affairs Section.
2. Relocate theTaxicab Authority - The Taxicab Authority requests funds to relocate the
Las Vegas office to a development near the airport. The new location is centrally conducive
to the constituents served by the Taxicab Authority.
3. Increase Safety Inspectors Pay - Due to a significant difference in pay between private
and public safety inspectors, recruiting and retaining experienced/qualified inspectors is
difficult. The division is requesting a 10 percent increase for Safety Inspectors, with
adjustments for compaction issues in the supervisory staff.
4. Invest in Labor Technology - To maintain databases utilized by the agency to ensure
there is no disruption in service to its constituents, the Labor Commission is requesting to
make technology investments to bring its network server system current.
5. Mortgage Fraud Enforcement Program - Mortgage Fraud Enforcement activities will
continue with the restoration or addition of staff to perform compliance, enforcement, or
licensing activities from National Mortgage Settlement funds.
6. Restore Real Estate Staff - Real Estate activities relating to compliance, enforcement, and
licensing will continue with the restoration or addition of staff to perform these activities
from National Mortgage Settlement funds.
7. Implement a Home Refinance/Retention Program - The Director' Office will
implement a program using a portion of the National Mortgage Settlement funds. A
Consumer Affairs section will be restored in the Director's Office budget account and a
Department wide Administrative Law Judge (ALJ) will be added.
Department Biennium Total by Funding Source
Funding
57% Other
31% Transfers
7% Federal Fund
3% General Fund
2% Highway Fund
Department 2014 2015
Total $ 138,405,530 88,562,576
Total FTE 642.62 642.62
Department Biennium Total by Core Function
Core Function
95% Business Development
and Services
2% Public Safety
2% State Support
Services