Presenter: Suzy Whittenton

Commission Agenda Item No. 8
FY02 Operating and Capital Budget and
Texas Parks and Wildlife Investment Policy
August 2001

I. Discussion: The Seventy-sixth Legislature appropriated $205,172,043 in line item appropriations to the Department for fiscal year 2002. Additional appropriation authority is available based on other specific rider authority. Revenue earnings were analyzed to ensure that dedicated funds are spent for statutorily authorized purposes.

The proposed combined budget for FY 2002 is $244,847,351 of which $197,834,638 is for operating expenses (including $27,292,373 for payroll deductions and employee benefits) and $5,232,000 for capital projects and $741,780,712 for grants. The full-time equivalent (FTE) employee cap for the Department is 3,035.5.

The base operating portion of this budget is funded at 97% with a 2% additional salary lapse of the FY01 base budget.

II. Recommendation: The staff recommends the Texas Parks and Wildlife Commission adopt the following motion:

"The Executive Director is authorized to expend funds to operate the Parks and Wildlife Department in accordance with the Proposed FY 2002 Operating Budget (Exhibit A), the Proposed FY 2002 Capital Program (Exhibit B), and the Proposed FY 2002 Grant Budget (Exhibit C)."

"The Commission approves the investment and policy as shown in Exhibit F. "

Attachments - 5 (Available upon request)

1. Exhibit A – Proposed FY2002 Operating Budget
2. Exhibit B – Proposed FY2002 Capital Program
3. Exhibit C - Proposed FY2002 Grant Budget
4. Exhibit D – Budget Policy
5. Exhibit E – Investment Policy