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Budget Summary FY2017

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17750115 - Statewide Contract Fee
Data Current as of:  8/9/2016



Account Description FY2016
Spending		 FY2017
GAA
1775-0115 Statewide Contract Fee
For the operational services division; provided, that the division may expend not more than $11,737,267 from revenue collected from the statewide contract administrative fee to procure, manage and administer statewide contracts; and provided further, that for the purpose of accommodating timing discrepancies between the receipt of retained revenues and related expenditures, the division may incur expenses and the comptroller may certify for payment amounts not to exceed the lower of this authorization or the most recent revenue estimate as reported in the state accounting system, including the costs of personnelFor the operational services division; provided, that the division may expend not more than $11,300,283 from revenue collected from the statewide contract administrative fee to procure, manage and administer statewide contracts; and provided further, that for the purpose of accommodating timing discrepancies between the receipt of retained revenues and related expenditures, the division may incur expenses and the comptroller may certify for payment amounts not to exceed the lower of this authorization or the most recent revenue estimate as reported in the state accounting system, including the costs of personnel

 9,482,793 11,300,283

Veto Explanation:   I am reducing this item to the amount projected to be necessary.