Synopsis of the Commission's Budget for Fiscal Year 2003-2004

The Commission's Fiscal Year 2003-04 budget is $334.2 million. (The state's fiscal year begins July 1 and ends June 30 of the following year.) Included in this amount are:

  • $183.5 million Public Interest Renewable (Renewable) funds
  • $47.0 million Public Interest Energy Research Program (PIER) funds
  • $45.8 million Energy Resources Programs Account (ERPA) funds
  • $37.5 million Energy Conservation Assistance Account (ECAA) funds
  • $9.0 million Federal funds
  • $6.2 million Reimbursement funds
  • $2.0 million KATZ Schoolbus Funds
  • $3.2 million Other funds

Several of the Energy Commission's funds are continuously appropriated and are not included in the annual budget act. These funds are: ECAA, Renewable, and Local Jurisdiction Energy Assistance Account funds (LJEAA).

Authorized positions are 505.1. Total support funding is $62.1 million consisting of $36.4 million for personal services, $16.1 million for contracts and $9.6 million for other operating. Special item or pass-through funding is $272.1 million.


Funds

Highlights of the various funds in the Commission Budget:

ECAA/LJEAA Funds - authorized expenditure level is $38,828. These continuously appropriated funds provide funding for energy efficiency loans to schools, hospitals and local jurisdictions. The authorized level jumped in FY 2003-04 resulting from issuance of an ECAA revenue bond to accelerate availability of loan repayments.

ERPA Funds - authorized expenditure level is $45,773K. ERPA is the primary funding source for CEC staff, contract and operating expenses and also funds Export grants.

ETRDDA Funds - authorized expenditure level is $431K which includes $291K for the Small Business Loan Program and $140K for Farm Energy Loans. Language is included in the Budget Bill to allow for a two-year encumbrance period to 6/30/05 and a liquidation period to 6/30/07.

Federal Funds - authorized expenditure level is $9,024K. This includes $3,024K in staff support and contracts for the State Energy Program and $6,000K for anticipated federal awards for various Commission programs.

GRDA Funds - authorized expenditure level is $286K for 3.9 positions.

Katz Funds - authorized expenditure level is $1,988K. These are support funds for 1.0 positions and $1,900K in funding for purchasing energy efficient safe School buses.

MVA Funds - authorized expenditure level is $125K. These are support funds for two positions.

Public Interest Research, Development and Demonstration (PIER) Program Fund - authorized expenditure level is $7,382K for 52.1 positions, operating and baseline contracts and $39,600K for pass through program funds with $200K of this amount directed to Climate Action Registry Activities. Language is included in the Budget Bill to allow for a two-year encumbrance period to 6/30/05 and a liquidation period to 6/30/09.

Public Interest Renewable Resource Trust Fund - authorized expenditure level is $3,002K for 27.0 positions, operating and baseline contracts. Additionally, another $6,000K in biomass contract funding is authorized and $174,454K is continuously appropriated pass through program funds.

PVEA Funds - authorized expenditure level is $434K. These are support funds for 5.0 positions.

Reimbursements - authorized expenditure level is $6,245K. This is primarily expenditure authority for anticipated funding from government agencies.

Energy Facility License and Compliance Account Funds - authorized expenditure level is $615K. These funds are for power plant siting peak workload contract funds.

Budget Bill Special Language

Liquidation period - extends liquidation period for ERPA funds (Budget Act of 2000-Export Program) to 6/30/04.

Liquidation period - extends liquidation period for GRDA funds (Budget Act of 1999) to 6/30/05.

Current and Proposed Budgets