REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2008 BUDGET
0271 Petroleum Release Compensation

MISSION:
To assist in the cleanup of certain petroleum releases; to investigate reported releases; to determine the amount of reimbursement due to responsible parties for corrective actions they have taken; to provide a financial assurance mechanism that will comply with the federal and state financial responsibility requirements for regulated petroleum tank owners; to report to the Governor and legislature; to administer the Abandoned Tank Removal Program; and, to make payments for tank pulling and corrective action at abandoned sites.

  ACTUAL
FY 2005
ACTUAL
FY 2006
BUDGETED
FY 2007
REQUESTED
FY 2008
GOVERNOR'S RECOMMENDED
FY 2008
RECOMMENDED INC/(DEC)
FY 2008
FUNDING SOURCE:
   General Funds $0 $0 $0 $0 $0 $0
   Federal Funds 0 0 0 0 0 0
   Other Funds 432,253 331,869 427,682 427,682 439,184 11,502
      Total $432,253 $331,869 $427,682 $427,682 $439,184 $11,502
 
EXPENDITURE DETAIL:
   Personal Services $372,057 $257,891 $304,629 $304,629 $316,131 $11,502
   Operating Expenses 60,196 73,978 123,053 123,053 123,053 0
      Total $432,253 $331,869 $427,682 $427,682 $439,184 $11,502
 
Staffing Level FTE: 6.8 5.0 5.0 5.0 5.0 0.0

  ACTUAL
FY 2005

ACTUAL
FY 2006

ESTIMATED
FY 2007

ESTIMATED
FY 2008

REVENUES:  
   Refund Prior Year's Expenditure $445,000 $50,000 $0 $0
   Deposited to Petroleum Release Comp Fund: 0 0 0 0
   Petroleum Tank Inspection Fee 1,715,094 1,646,000 1,700,000 1,700,000
   Interest 192,282 160,977 150,000 150,000
      
Total

$2,352,376

$1,856,977

$1,850,000

$1,850,000
PERFORMANCE INDICATORS:  
   Petroleum Release Cases Initiated 27 29 30 30
   Responsible Parties Reimbursed 265 169 175 175
   Abandoned Tank Site Initiated 53 38 30 30
   Claims Processed and Paid:
   Abandoned Tank Program 253 148 100 100
   Regular Program 145 126 150 150
   Public Presentations 6 6 6 6
   Review Contracts and Corrective Action Plan 273 188 175 175
   Board Meetings 5 3 4 4

generated 12/05/06 10:44:41 AM