Makes a supplemental appropriation to the Office of Finance in the Office of the Governor for an unanticipated shortfall related to costs associated with the preparation of the statewide cost allocation plan. (BDR S-1100)
Impact
The approval of AB500 is intended to ensure the continued financial operation of the Office of Finance, which plays a crucial role in state budgeting and fiscal responsibility. By addressing this shortfall, the bill supports the state's capacity to develop and implement efficient cost allocation methodologies. This is particularly important as it impacts how state resources are distributed across various departments and services, potentially aiding in more accurate financial forecasting and planning.
Summary
Assembly Bill No. 500 aims to address an unanticipated shortfall affecting the Office of Finance within the Office of the Governor. The bill proposes a supplemental appropriation of $70,450 from the State General Fund. This funding is specifically allocated to cover costs incurred in the preparation of the statewide cost allocation plan as mandated by Nevada Revised Statutes (NRS) 353.331. The bill reflects the state's ongoing efforts to manage its budgeting and financial forecasting responsibilities effectively.
Contention
While AB500 was passed with unanimous support in the Senate, it is essential to note the context of the supplemental appropriation. There may be questions raised regarding the management of budget appropriations and whether such unanticipated shortfalls could indicate deeper issues within the financial planning processes of the state. The lack of discussion or dissenting opinions during the voting might suggest a collective urgency to ensure the functioning of the Governor's Office without delving into potential sources of the shortfall.
Makes a supplemental appropriation to the Office of the Extradition Coordinator within the Office of the Attorney General for an unanticipated shortfall related to extradition costs. (BDR S-1172)
Makes a supplemental appropriation to the Office of the Secretary of State for an unanticipated shortfall related to credit card processing fees. (BDR S-1101)
Makes supplemental appropriations to the Aging and Disability Services Division of the Department of Health and Human Services for an unanticipated shortfall related to costs associated with certain provider payments. (BDR S-1173)
Makes a supplemental appropriation to the Division of Public and Behavioral Health of the Department of Health and Human Services for an unanticipated revenue shortfall and an increase in operating costs. (BDR S-1104)
Makes a supplemental appropriation to the Office of the Secretary of State for an unanticipated shortfall related to travel, operating and information services expenses. (BDR S-1166)
Makes a supplemental appropriation to the Division of Forestry of the State Department of Conservation and Natural Resources for an unanticipated shortfall related to firefighting costs. (BDR S-1176)
Makes a supplemental appropriation to the Aging and Disability Services Division of the Department of Health and Human Services for an unanticipated revenue shortfall. (BDR S-1103)