|
GOVERNOR'S RECOMMENDED FY 2008 BUDGET |
MISSION:
To protect the interest of the public when engaged in a real estate transaction; to enforce standards for education, licensing, practice of real estate brokers, salespersons, auctioneers, property managers, residential rental agents, home inspectors, property managers, timeshare agents, and the registration of condominium, timeshare, and subdivision projects.
ACTUAL
FY 2005ACTUAL
FY 2006BUDGETED
FY 2007REQUESTED
FY 2008GOVERNOR'S RECOMMENDED
FY 2008RECOMMENDED INC/(DEC)
FY 2008
FUNDING SOURCE:
General Funds
$0
$0
$0
$0
$0
$0
Federal Funds
0
0
0
0
0
0
Other Funds
433,916
443,763
447,094
447,094
456,418
9,324
Total
$433,916
$443,763
$447,094
$447,094
$456,418
$9,324
EXPENDITURE DETAIL:
Personal Services
$201,119
$205,788
$247,429
$247,429
$256,753
$9,324
Operating Expenses
232,796
237,974
199,665
199,665
199,665
0
Total
$433,916
$443,763
$447,094
$447,094
$456,418
$9,324
Staffing Level FTE:
4.8
4.8
5.0
5.0
5.0
0.0
| ACTUAL FY 2005 |
ACTUAL FY 2006 |
ESTIMATED FY 2007 |
ESTIMATED FY 2008 |
|
| REVENUES: | ||||
| Application Fees | $158,805 | $107,031 | $87,975 | $87,975 |
| New License Fees | 38,331 | 29,648 | 18,000 | 18,000 |
| Renewal Fees | 124,780 | 279,208 | 164,200 | 279,850 |
| Materials Sold | 6,911 | 16,220 | 5,850 | 5,850 |
| Interest Income | 17,797 | 17,616 | 15,000 | 15,000 |
| Changes of Address | 6,570 | 8,070 | 6,000 | 6,000 |
| Certificates of Licensure | 2,160 | 2,595 | 2,000 | 2,000 |
| Late Renewal Fees | 6,020 | 6,235 | 5,000 | 5,000 |
| Intrastate Sales and Services | 720 | 720 | 720 | 720 |
| Penalties Reimbursement of Investigations | 7,433 | 36,874 | 10,000 | 10,000 |
| Seminar Income | 80,450 | 77,830 | 65,000 | 65,000 |
| Miscellaneous | 23,537 | 42 | 100 | 100 |
| Total |
$473,514 |
$582,089 |
$379,845 |
$495,495 |
| PERFORMANCE INDICATORS: | ||||
| Licenses Renewed/New | 1,035/774 | 2,341/540 | 1,560/350 | 2,330/350 |
| Practitioners | 4,684 | 4,515 | 3,800 | 3,800 |
| Examinations: | ||||
| Nationally Prepared (Times Given) | 575 | 567 | 350 | 350 |
| Applicants Examined/Passed | 361/294 | 346/284 | 250/200 | 250/200 |
| State Prepared (Times Given) | 60 | 66 | 80 | 80 |
| Applicants Examined/Passed | 51/48 | 59/53 | 70/65 | 70/65 |
| Applicants Reexamined/Passed | 126/88 | 136/98 | 50/40 | 50/40 |
| Complaints: | ||||
| Received/Investigated/Resolved | 32/29/29 | 21/24/24 | 40/34/31 | 40/34/31 |
| Hearings Held/Pending | 10/16 | 12/10 | 17/16 | 17/16 |
| Licensees Reprimanded/Probationed | 11 | 2 | 10 | 10 |
| Total Prosecutions | 1 | 0 | 1 | 1 |
| Audits | 586 | 329 | 375 | 375 |