Nevada_Executive_Budget_2013-2015

B&I - REAL ESTATE RECOVERY ACCOUNT
216-3827
PROGRAM DESCRIPTION
The Real Estate Recovery Fund is statutorily authorized in NRS 645.841 as a special revenue fund. The fund is to be used for satisfying claims against persons licensed under NRS 645.
BASE
This request continues funding for 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 300,000 368,694 368,694 368,694 474,694 368,694
BALANCE FORWARD TO NEW YEAR -368,694 0 0 0 0 0
RECOVERY FEES 855,876 834,720 206,000 206,000 207,000 207,000
TOTAL RESOURCES: 787,182 1,203,414 574,694 574,694 681,694 575,694
EXPENDITURES:
SETTLEMENT DISBURSEMENTS 17,682 100,000 100,000 100,000 100,000 100,000
TRANSFER ED/RESEARCH 769,500 734,720 0 106,000 0 107,000
RESERVE 0 368,694 474,694 368,694 581,694 368,694
TOTAL EXPENDITURES: 787,182 1,203,414 574,694 574,694 681,694 575,694
SUMMARY
2011-2012
ACTUAL
2012-2013
WORK
PROGRAM
2013-2014
AGENCY
REQUEST
2013-2014
GOVERNOR
RECOMMENDS
2014-2015
AGENCY
REQUEST
2014-2015
GOVERNOR
RECOMMENDS
RESOURCES:
BALANCE FORWARD FROM PREVIOUS YEAR 300,000 368,694 368,694 368,694 474,694 368,694
BALANCE FORWARD TO NEW YEAR -368,694 0 0 0 0 0
RECOVERY FEES 855,876 834,720 206,000 206,000 207,000 207,000
TOTAL RESOURCES: 787,182 1,203,414 574,694 574,694 681,694 575,694
EXPENDITURES:
SETTLEMENT DISBURSEMENTS 17,682 100,000 100,000 100,000 100,000 100,000
TRANSFER ED/RESEARCH 769,500 734,720 0 106,000 0 107,000
RESERVE 0 368,694 474,694 368,694 581,694 368,694
TOTAL EXPENDITURES: 787,182 1,203,414 574,694 574,694 681,694 575,694
PERCENT CHANGE: 52.88% -52.24% -52.24% 18.62% 0.17%
DEPARTMENT OF BUSINESS AND INDUSTRY B & I - 155
B&I - REAL ESTATE DIVISION