MEETING DATE
5/25/2022 |
BUREAU SUBMITTING THIS REPORT
Administrative Services Bureau |
RESEARCHED BY (PRINT NAME)
John Tomasello |
REVIEWED BY (PRINT NAME)
Cheryl Smith |
REPORT DATE
03/17/2022 |
APPROVED BY
Manuel Alvarez, Jr. |
DATE APPROVED
05/07/22 |
PURPOSE
Information Only |
FINANCIAL IMPACT
Yes
|
| ISSUE, BACKGROUND, ANALYSIS, & RECOMMENDATION |
| ISSUE: |
| The State Penalty Fund Revenues are estimated to be $72,541,000 in Fiscal Year 2022-2023. The same as in Fiscal Year 2021-2022. The Commission on POST's proposed budget will be $110,166,000 for Fiscal Year 2022-2023, exceeding the SPF revenues by $37,625,000. |
| RECOMMENDATION: |
| This report is presented for information only. No action is required. |
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