Investor Presentaiton
(1)
Adjusted
(4)
Governor's
DEPARTMENT / Agency Description
Fund
Base
FY 2021
(2)
(3)
Recommendation
Adjustments Improvements
FY 2022
COMMERCE
Office of the Secretary
0606
1,107,461
Tourism Office
0246
14,000,000
Forestry
0250
3,422,658
163,817
(14,000,000)
10,000
2,100,000
Geological & Economic Survey
0253
2,917,247
Development Office
0256
15,163,525
10,000
(15,163,525)
Adjustments/Improvements Explanation
1,271,278 $163,817 as Commerce adjusted
0 Move and redesignate Office of Tourism as Department of Tourism.
5,532,658 $10,000 as Commerce adjusted; 2,100,000 to replace funds due to projected
loss of revenue from State Forest Timber sales.
2,927,247 $10,000 as Commerce adjusted.
O Move and redesignate Development Office as Department of Economic
Development.
Division of Labor
0260
1,843,176
Division of Natural Resources
0265
23,248,350
Miners' Health, Safety & Training
0277
11,525,820
25,000
(75,000)
Bd of Coal Mine Health & Safety
0280
355,599
1,843,176
23,273,350
11,450,820
355,599
WorkForce WV
0572
59,363
59,363
Division of Energy
0612
1,244,267
(1,244,267)
0
Division of Rehabilitation Services
Subtotal
0310
14,886,464
89,773,930
14,886,464
(30,273,975)
2,100,000
61,599,955
0246
14,000,000 Move and redesignate Office of Tourism as Department of Tourism.
20,029,708 $15,163,525 move from Development Office; ($133,817) made in Commerce
adjustment; $5,000,000 improvement
1,244,267 Office of Energy organized within the Development Office, moved to new
Department of Economic Development.
TOURISM
Office of the Secretary
14,000,000
ECONOMIC DEVELOPMENT
Office of Secretary
0256
0
15,029,708
5,000,000
Office of Energy
0612
0
Subtotal
0
1,244,267
16,273,975
5,000,000
21,273,975
EDUCATION
School Lunch Program
0303
State Department of Education
0313
2,466,907
95,209,981
23,281,798
Aid for Exceptional Children
0314
State Aid to Schools
0317
32,223,599
1,839,571,303
199,494
(89,609,367)
2,466,907
118,491,779 $4,526,005 moved from Lottery Revenue fund 3951 to General Revenue
funding; $1,719,000 for Teachers' Retirement Savings Realized based on
actuarial calculations; ($119,087) for Allowance for County Transfer,
$17,710,000 for Increased Enrollment; ($554,102) Alternative Education
Programs and Safe Schools funding (cameras)
32,423,093 Statutory Adjustments
1,749,961,936 $(12,061,000) for Teachers' Retirement System based on actuarial estimates;
(5,859,000) for Retirement Systems-Unfunded Liability, and ($20,000,000) due
to funding from State Debt Reduction Fund
37,578,299
Vocational Division
0390
Schools for the Deaf & the Blind
0320
Subtotal
37,269,034
14,677,888
2,021,418,712
309,265
14,677,888
(65,818,810)
0
1,955,599,902
DEPARTMENT OF ARTS, CULTURE, AND HISTORY
Culture and History
0293
5,275,381
5,275,381
Library Commission
0296
1,640,790
1,640,790
Educational Broadcasting Authority
0300
3,830,691
3,830,691
Subtotal
10,746,862
0
0
10,746,862View entire presentation