[Vendorsmi] Fw: Budget and Expenditure Information Deferred at the E O C MEeting

[Joe Sontag]

----- Original Message ----- 
Sent: Sunday, March 17, 2013 13:25
Subject: Budget and Expenditure Information Deferred at the E O C MEeting


> Good afternoon, All;
>
>
>
> At last week's E O C meeting, the B E P Budget and Finance report
> was deferred with a goal of providing Committee members additional time 
> with
> Director Rodgers.  In lieu of an oral report, an e-mail report was
> requested.  That e-mail report follows:
>
>
>
> Financial Report
>
> A.   Annual Program Budget
>
> Under Director Rodgers' leadership, the Bureau has developed a
> unified budget for the entire agency.  No longer is there a separate 
> budget
> for each of the Bureau's programs.  This method of budgeting gives Bureau
> leadership greater control in monitoring expenditures associated with the
> management of each program, thus allowing greater accountability.  And, it
> gives Bureau leadership greater flexibility in responding to the unique
> needs of individual programs.
>
>
>
> B.   Annual Set-aside Budget with the list of collections and
> expenditures
>
> 1.    In keeping with the Bureau's budget practices, B E P does not
> have a separate set-aside fee budget.  Consistent with the Program's long
> set-aside fee expenditure history, set-aside fees collected will be 
> expended
> for equipment repairs.  Typically, the cost of repairs exceeds the amount 
> of
> set-aside fees collected each fiscal year.  In fiscal year 2013, should 
> the
> cost of repairs not exceed the amount of set-aside fees collected, the
> additional set-aside fees will be expended on equipment purchases.
>
> 2.    Set-aside fees collected through February 28, 2013:  $86,318.
>
> 3.    Set-aside fees expended through March 7, 2013:  $51,378.
>
>
>
> Respectfully submitted,
>
> Constance Zanger
>
> Business Enterprise Program Manager
>
> Bureau of Services for Blind Persons
>
> Department of Licensing and Regulatory Affairs
>
> 517/335.3639
>
> 517/335.5140 (facsimile)
>
>
>
>