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Nevada_Executive_Budget_2013-2015

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TREASURER - TREASURER'S OFFICE - The <strong>Nevada</strong> State Treasurer's Office adheres to sound fiscal policy principles, including the prudent and conservative<br />

financial management of all state monies by ensuring the state's money is invested with an emphasis on preservation of assets, then on return, and that the state's debt<br />

obligations are paid timely and accurately; that money entrusted by participants in the <strong>Nevada</strong> Prepaid Tuition and <strong>Nevada</strong> 529 College Savings Plans programs, as well as<br />

tobacco settlement monies received by the state and used to operate the Gov. Guinn Millennium Scholarship program and the Fund for a Healthy <strong>Nevada</strong>, is managed,<br />

monitored, and invested with the intent of maximizing earnings while maintaining the highest degree of safety; that statutory duties to provide cash management services<br />

and to administer the state's Collateral Pool program are provided timely and in accordance with professional standards; and that unclaimed property held by the state is<br />

returned as judiciously as possible to its rightful owners.<br />

Division <strong>Budget</strong> Highlights:<br />

1. Increase Transparency in Administration - Administrative costs associated with the<br />

<strong>Nevada</strong> Capitol Investment Corporation in the Treasurer's Office account were moved into a<br />

separate category to highlight the costs incurred for that support. It is NOT a request for<br />

additional funding. It merely shows costs.<br />

2. Bond Interest and Redemption - The Governor's <strong>Executive</strong> <strong>Budget</strong> contains no<br />

significant changes for this division.<br />

3. Municipal Bond Bank Revenue - The Governor's <strong>Executive</strong> <strong>Budget</strong> contains no<br />

significant changes for this division.<br />

4. Municipal Bond Bank Debt Service - The Governor's <strong>Executive</strong> <strong>Budget</strong> contains no<br />

significant changes for this division.<br />

Division Biennium Total by Funding Source<br />

Funding<br />

75% Other<br />

25% Transfers<br />

1% General Fund<br />

Division 2014 <strong>2015</strong><br />

Total $ 213,424,379 208,940,665<br />

Total FTE 22.26 22.26<br />

Division Biennium Total by Core Function<br />

Core Function<br />

100% State Support<br />

Services<br />

TREASURER'S OFFICE ELECTED - 175<br />

TREASURER - TREASURER'S OFFICE

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