Nevada_Executive_Budget_2013-2015

FORECLOSURE MEDIATION PROGRAM
101-1492
PROGRAM DESCRIPTION
The Foreclosure Mediation Program was created by the 2009 Legislature (Assembly Bill 149 which amended NRS chapter 107) to directly address the foreclosure crisis, to help keep families
in their homes, and to provide an opportunity for homeowners and lenders to discuss alternatives to foreclosure. The costs of the program are funded from a share of the Notice of Default
fees collected pursuant to subsection 11.(b). of NRS 107.080.
BASE
The base budget funds nine positions and their associated operating costs through December 2014. Revenue is insufficient to continue the program after that date; therefore, costs to operate
the program January 2015 through the end of the biennium are requested through an enhancement.
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 3,859,451 1,825,698 1,161,266 1,472,042 390,506 693,666
BALANCE FORWARD TO NEW YEAR -1,825,698 0 0 0 0 0
MEDIATION SERVICE FEES (NRS 107) 1,246,850 750,800 403,200 437,600 403,200 393,600
NOTICE OF DEFAULT FEES (NRS 107) 745,501 693,210 372,300 404,100 372,300 363,600
PHOTOCOPY SERVICE CHARGE 105 50 50 50 50 50
REIMBURSEMENT 0 40,030 0 0 0 0
TOTAL RESOURCES: 4,026,209 3,309,788 1,936,816 2,313,792 1,166,056 1,450,916
EXPENDITURES:
PERSONNEL SERVICES 989,009 664,385 653,993 653,921 333,503 334,486
OUT-OF-STATE TRAVEL 664 0 0 0 0 0
IN-STATE TRAVEL 6,939 5,502 3,492 3,492 1,785 1,785
OPERATING 555,237 416,137 416,804 416,804 216,848 217,290
PROGRAM GRANTS 94,577 0 0 0 0 0
INFORMATION SERVICES 36,179 21,295 26,394 25,882 15,511 15,059
MEDIATION SERVICES 2,299,419 688,000 403,200 477,600 201,600 203,600
MEDIATOR TRAINING 0 1,000 1,000 1,000 0 0
TRAINING 2,758 0 0 0 0 0
RESERVE (MEDIATIONS IN PROCESS) 0 131,088 68,288 91,088 269,888 281,088
RESERVE 0 1,340,954 322,218 602,578 85,494 356,181
PURCHASING ASSESSMENT 455 455 455 455 455 455
STATEWIDE COST ALLOCATION PLAN 40,972 40,972 40,972 40,972 40,972 40,972
TOTAL EXPENDITURES: 4,026,209 3,309,788 1,936,816 2,313,792 1,166,056 1,450,916
TOTAL POSITIONS: 20.00 9.00 9.00 9.00 9.00 0.00
JUDICIAL BRANCH JUDICIAL - 50
JUDICIAL BRANCH - FORECLOSURE MEDIATION PROGRAM