Nevada_Executive_Budget_2013-2015

B&I - REAL ESTATE EDUCATION AND RESEARCH
216-3826
PROGRAM DESCRIPTION
The real estate education and research program promotes and ensures awareness of relevant laws and practices required of real estate licensees, and provides information to the public
regarding laws, requirements of licensees, and all parties in a real estate transaction. The program also prepares and distributes statutorily mandated disclosure information to both sellers and
buyers in residential real estate transactions. The duties and mission of the real estate education and research program are accomplished through publication of printed materials, proactive
oversight of real estate education offerings to licensees, the division website, public information initiatives, contracted education programs, and research contracts. This program processes
pre-licensing, post-licensing, and continuing education courses in order to assure the highest standard quality of education for licensees; conducts audits of approved courses; develops
educational programs; and provides immediate accessibility for licensees and the public to division forms and information through internet access. Statutory Authority: NRS 645.842.
BASE
This request continues funding for seven 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 932,002 1,145,967 1,264,531 1,264,531 719,106 784,973
BALANCE FORWARD TO NEW YEAR -1,145,967 0 0 0 0 0
TREASURER'S INTEREST DISTRIB 488 11,093 150 150 150 150
TRANSFER FROM REAL ESTATE DIV 769,500 734,720 106,000 106,000 107,000 107,000
TOTAL RESOURCES: 556,023 1,891,780 1,370,681 1,370,681 826,256 892,123
EXPENDITURES:
PERSONNEL 331,756 398,636 400,359 397,237 415,241 412,119
OUT-OF-STATE TRAVEL 4,702 4,659 4,702 4,702 4,702 4,702
IN-STATE TRAVEL 691 2,942 2,933 691 2,933 691
OPERATING EXPENSES 36,019 44,302 48,313 42,130 48,313 42,130
RESEARCH AND EDUCATION 44,548 75,924 50,600 46,957 50,600 46,957
TRANSFER TO REAL ESTATE 97,634 54,410 97,634 46,412 54,410 47,305
INFORMATION SERVICES 3,022 1,488 1,423 1,423 1,423 1,423
TRANSFER TO B&I ADMINISTRATION 31,931 38,268 38,560 39,172 39,368 39,469
DEPARTMENT COST ALLOCATIONS 1,306 2,206 2,637 2,570 2,682 2,614
RESERVE 0 1,264,531 719,106 784,973 202,170 290,299
PURCHASING ASSESSMENT 216 216 216 216 216 216
STATE COST ALLOCATION 4,198 4,198 4,198 4,198 4,198 4,198
TOTAL EXPENDITURES: 556,023 1,891,780 1,370,681 1,370,681 826,256 892,123
TOTAL POSITIONS: 7.00 7.00 7.00 7.00 7.00 7.00
DEPARTMENT OF BUSINESS AND INDUSTRY B & I - 149
B&I - REAL ESTATE DIVISION