This is not the official budget document.

Budget Summary FY2011

Department of Business Development
Data Current as of:  8/6/2010



FISCAL YEAR 2011 BUDGET SUMMARY ($000)
ACCOUNT FY2011
Conference		 FY2011
Vetoes		 FY2011
GAA
Department of Business Development Administration 354 0 354
Regional Economic Development Grants 400 -400 0
Massachusetts Office of Business Development 1,450 -84 1,365
Small Business Development Center at the University of Massachusetts Amherst 1,204 0 1,204
Massachusetts Office of Travel and Tourism 1,905 -71 1,834
Massachusetts Sports and Entertainment Commission 600 -300 300
Commonwealth Zoological Corporation 3,500 0 3,500
Local Tourist Councils Financial Assistance 4,500 -2,500 2,000
Massachusetts International Trade Council 100 0 100
TOTAL    14,013 -3,355 10,658

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account description amount
DEPARTMENT OF BUSINESS DEVELOPMENT 10,657,948
 
7007-0100 Department of Business Development Administration
For the office of the director of business development 		353,721
7007-0300 Massachusetts Office of Business Development
For the operation of the Massachusetts office of business development, which shall include the operation and support of capital grants programs, including the Massachusetts Opportunity Relocation and Expansion Jobs Capital Program established in chapter 123 of the acts of 2006, and for marketing and promoting the commonwealth in order to attract and retain targeted businesses and industries



General Fund 94.199%

FMAP Budget Relief Fund 5.801%
 1,365,457
7007-0800 Small Business Development Center at the University of Massachusetts Amherst
For a grant for the state match for a small business development center; provided, that no funds shall be expended from this item until such time as the United States Small Business Administration has made a payment or has executed a contract to pay the University of Massachusetts at Amherst for the operation of the center; provided further, that the funds expended from this item shall not exceed 25 per cent of the gross operating cost of said center; provided further, that not more than 25 per cent of the amount appropriated herein shall be expended for the purpose of operating federal procurement technical assistance services within said center; provided further, that the services shall include, but not be limited to, assisting businesses in securing federal contracts, obtaining contract financing, generating responses to requests-for-proposals, interpreting bid documents, providing educational workshops and seminars and for the electronic identification and tracking of federal bid opportunities; provided further, that funds expended for the purpose of operating federal procurement technical assistance services within said center shall be subject to the receipt of matching funds from federal or private sources, including the United States Department of Defense; and provided further, that quarterly expenditure reports shall be filed with the house and senate committees on ways and means 		1,204,286
7007-0900 Massachusetts Office of Travel and Tourism
For the operation and administration of the office of travel and tourism; provided, that performance-based standards shall be incorporated in all contracts executed by the office for the procurement of tourism marketing and advertising services; and provided further, that the organizations shall be required, as a condition of receiving a grant, to submit a total operating budget which identifies each source and use of operating and capital funds



Massachusetts Tourism Fund 96.273%

FMAP Budget Relief Fund 3.727%
 1,834,484
7007-0901 Massachusetts Sports and Entertainment Commission
For the operation and administration of the Massachusetts Sports and Entertainment Commission; provided, that the Massachusetts Sports and Entertainment Commission shall be the official and lead agency to facilitate and attract major sports events and championships in the commonwealth; and provided further, that the Massachusetts Sports and Entertainment Commission shall establish a division within the commission which shall be the official and lead agency to facilitate motion picture production and development within the commonwealth



Massachusetts Tourism Fund 50.000%

FMAP Budget Relief Fund 50.000%
 300,000
7007-0951 Commonwealth Zoological Corporation
For the operation of the Commonwealth Zoological Corporation pursuant to chapter 92B of the General Laws; provided, that funds appropriated in this item shall be expended for the purposes of promoting private fundraising, achieving self-sufficiency and serving as a catalyst for urban economic development and job opportunities for local residents; provided further, that the corporation shall take all steps necessary to increase the amount of private funding available for the operation of the zoos; provided further, that funding in this item may not be transferred through interdepartmental service agreements; and provided further, that the corporation shall report to the house and senate committees on ways and means not later than February 1, 2011, on the status of, and amounts collected from, the private fundraising and enhanced revenue efforts identified in the draft Massachusetts Zoos Business and Operations Plan, dated December 1996 		3,500,000
7007-1000 Local Tourist Councils Financial Assistance
For assistance to regional tourist councils under section 14 of chapter 23A of the General Laws; provided, that notwithstanding any general or special law or rule or regulation to the contrary, each of the councils may expend an amount not to exceed 20 per cent of the funds appropriated in this item for the cost of administrative services



Massachusetts Tourism Fund 44.444%

FMAP Budget Relief Fund 55.556%
 2,000,000
7007-1300 Massachusetts International Trade Council
For the operation of the Massachusetts international trade council; provided, that subject to final execution of the terms and conditions of a contract, the council shall act on behalf of the department of business development to perform the functions of the Massachusetts office of international trade and investment under sections 23A through 28, inclusive, of chapter 23A of the General Laws 		100,000

account description amount