Nevada_Executive_Budget_2013-2015

B&I - INSURANCE EDUCATION & RESEARCH
504-3824
PROGRAM DESCRIPTION
The Insurance Education and Research account was established to fund: insurance education and research; consumer and producer education; and staff training and professional development
for the Insurance Division. The budget also funds projects to educate the general public, insurance companies, licensees, and legislators through various publications such as newsletters,
bulletins, guides, and public education multi-media campaigns. Statutory Authority: NRS 679B.305.
BASE
This request continues funding for two positions and associated operating costs. One-time expenditures have been eliminated and partial year costs have been annualized.
2012-2013 2013-2014 2013-2014 2014-2015 2014-2015
2011-2012 WORK AGENCY GOVERNOR AGENCY GOVERNOR
ACTUAL PROGRAM REQUEST RECOMMENDS REQUEST RECOMMENDS
RESOURCES:
BALANCE FORWARD FROM PREVIOUS YEAR 634,535 585,675 502,832 502,464 621,551 626,157
BALANCE FORWARD TO NEW YEAR -585,674 0 0 0 0 0
TRANS FROM INSURANCE DIVISION 606,705 584,890 606,705 606,705 606,705 606,705
TOTAL RESOURCES: 655,566 1,170,565 1,109,537 1,109,169 1,228,256 1,232,862
EXPENDITURES:
PERSONNEL 174,565 189,721 199,104 199,104 200,564 200,564
OPERATING EXPENSES 6,510 7,406 8,454 8,487 8,608 8,637
TITLE INSURANCE CONSUMER EDCTN 1,010 0 0 0 0 0
RESEARCH AND EDUCATION 134,375 137,890 134,387 134,587 134,387 134,587
HIPAA CONFERENCES 1,789 2,570 1,789 1,789 1,789 1,789
TRANSFER TO INSURANCE REGULATION 312,016 320,459 108,387 103,024 109,371 105,708
INFORMATION SERVICES 7,735 4,806 4,669 4,669 4,669 4,669
PROFESSIONAL DEVELOPMENT 15,588 3,271 17,448 17,448 17,448 17,448
TRANSFER TO B&I ADMINISTRATION 0 0 11,017 11,192 11,248 11,277
DHRM COST ALLOCATION 0 0 753 734 766 747
TITLE INSURANCE SETTLEMENT RESERVE 0 203,123 203,124 203,124 203,125 203,125
RESERVE 0 299,341 418,427 423,033 534,303 542,333
PURCHASING ASSESSMENT 38 38 38 38 38 38
STATE COST ALLOCATION 1,940 1,940 1,940 1,940 1,940 1,940
TOTAL EXPENDITURES: 655,566 1,170,565 1,109,537 1,109,169 1,228,256 1,232,862
TOTAL POSITIONS: 2.00 2.00 2.00 2.00 2.00 2.00
DEPARTMENT OF BUSINESS AND INDUSTRY B & I - 46
B&I - INSURANCE DIVISION