First Regular Session

Sixty-first General Assembly

LLS NO. 97-0276.01D JBC SENATE BILL 97-197

STATE OF COLORADO

BY SENATORS Lacy, Blickensderfer, and Rizzuto;

also REPRESENTATIVES Grampsas, Owen, and Romero.

APPROPRIATIONS

A BILL FOR AN ACT

Concerning a supplemental appropriation to the department of the treasury.

Bill Summary

(Note: This summary applies to this bill as introduced and does not necessarily reflect any amendments which may be subsequently adopted.)

Makes a supplemental appropriation to the department of the treasury.

Be it enacted by the General Assembly of the State of Colorado:

SECTION 1. Part XXII of section 2 of chapter 324, Session Laws of Colorado 1996, is amended to read:

Section 2. Appropriation.

	ITEM &SUBTOTAL $	TOTAL $	GENERAL FUND $		GENERAL FUNDEXEMPT$		CASH FUNDS $			CASH FUNDSEXEMPT $		FEDERAL FUNDS $
PART XXII
DEPARTMENT OF THE TREASURY
(1) ADMINISTRATION156,157
Personal Services	891,835
	(17.0 FTE)
Health, Life, and Dental	41,224
Short-term Disability	1,988
Salary Survey and Anniversary Increases	63,382
Workers' Compensation	1,000
Operating Expenses	117,743
Investment Management Software	150,000
Legal Services for 460 hours	21,826
Purchase of Services from Computer Center	4,731
Payment to Risk Management and Property Funds	1,133
Capitol Complex Leased Space	35,802
Discretionary Fund	5,000	a
		1,335,664		1,335,664
a This amount is included for purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution. This amount is continuously appropriated by a permanent statute or constitutional provision and is not subject to the limitation on General Fund appropriations as set forth in Section 24-75-201.1, C.R.S.
(2) SPECIAL PURPOSE
Judges' Retirement	508,972
	514,438
County Costs Pursuant to Section 39-3.5-106(1), C.R.S.	425,000
	428,607
		933,972		933,972
		943,045		943,045
(3) UNCLAIMED PROPERTY PROGRAM
Personal Services	436,877
	433,330
	(10.0 FTE)
Operating Expenses	243,454
Leased Space	42,840
	46,387
		723,171		723,171
(4) FIRE AND POLICE PENSION ASSOCIATION158
Unfunded Liability - Old Hire Plans	25,321,079
Death and Disability Account	3,750,000
Volunteer Firefighter Retirement Plans	2,451,091
	2,599,572
Volunteer Death and Disability	30,000
		31,552,170		31,552,170	a
		31,700,651		31,700,651	a
a This amount is included for purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution. This amount is continuously appropriated by a permanent statute or constitutional provision and is not subject to the limitation on General Fund appropriations as set forth in Section 24-75-201.1, C.R.S.
(5) APPROPRIATED COUNTIES		113,187,000								113,187,000	a
		119,347,000								119,347,000	a
a This amount represents the funds given to counties pursuant to Section 43-4-207, C.R.S. For purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution, these moneys are included for informational purposes as they are appropriated by a permanent statute or constitutional provision. This amount is included for purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution. This amount is continuously appropriated by a permanent statute or constitutional provision and is not subject to the limitation on General Fund appropriations as set forth in Section 24-75-201.1, C.R.S.
(6) APPROPRIATED MUNICIPALITIES		71,233,000								71,233,000	a
		77,078,000								77,078,000	a
a This amount represents the highway funds given to municipalities pursuant to Section 43-4-208, C.R.S. For purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution, these moneys are included for informational purposes as they are appropriated by a permanent statute or constitutional provision. This amount is included for purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution. This amount is continuously appropriated by a permanent statute or constitutional provision and is not subject to the limitation on General Fund appropriations as set forth in Section 24-75-201.1, C.R.S.
TOTALS PART XXII
(TREASURY)2 ,3		$218,964,977		$34,544,977	a					$184,420,000	b
		$231,127,531		$34,702,531	a					$196,425,000	b
a Of this amount, $31,557,170 $31,705,651 is included as information for purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution. This amount represents the highway funds given to municipalities pursuant to Section 43-4-208, C.R.S. This amount is included for purposes of complying with the limitation on state fiscal year spending imposed by Article X, Section 20 of the State Constitution. This As this amount is continuously appropriated by a permanent statute or constitutional provision and it is not subject to the limitation on General Fund appropriations as set forth in Section 24-75-201.1, C.R.S.
b This amount is from the Highway Users Tax Fund.
GRAND TOTALS --
OPERATING BUDGETS		$8,680,282,420		$4,188,017,984				$946,464,156		$1,654,693,118	a	$1,891,107,162
a Of these amounts, $521,063,848 contains a (T) notation and $63,231,618 is from the Highway Users Tax Fund subject to Section 43-4-201(3)(a),C.R.S.

FOOTNOTES -- The following statements are referenced to the numbered footnotes throughout section 2.

2(Governor lined through this provision. See L. 96, p. 2447.)

3All Departments, Totals -- The General Assembly requests that copies of all reports requested in other footnotes contained in this act be delivered to the Joint Budget Committee and the majority and minority leadership in each house of the General Assembly.

156Department of the Treasury, Administration -- The Department is requested to submit a report to the Joint Budget Committee on the performance of the state's investments. The report should include comparisons to other relevant state portfolios, comparisons to relevant benchmarks, and a detailed discussion of the benchmarks. The report should be submitted with the Department's annual budget request to the Joint Budget Committee.

157Department of the Treasury, Administration -- The Department is requested to submit a report on any outstanding loans and advances made to state agencies. The report should include the outstanding balance of each loan, the terms of the loan, the annual repayment schedule, the estimated repayment date, and estimated interest earnings. The report should be submitted to the Joint Budget Committee with the Department's annual budget request.

158Department of the Treasury, Fire and Police Pension Association -- These appropriations represent estimates of state payments required pursuant to Section 31-30-1014, C.R.S. The Fire and Police Pension Association is requested to include its state funding request for each of the programs supported by state payments in the annual budget request of the Department of the Treasury, including a narrative explanation of each program and a justification for each requested amount. Also, the Association is requested to submit an annual report of operations and investments for state supported programs to the Joint Budget Committee by January 15 of each year.

SECTION 2. Safety clause. The general assembly hereby finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health, and safety.