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.
Previous Year's Budgets