Synopsis of the Commission's Budget for Fiscal Year 2004-2005

The Commission's FY 2004/05 budget is $362.4 million. Included in this amount are $221.6 million Public Interest Renewable (Renewable) funds, $69.2 million Public Interest RD&D (PIER) funds, $46.5 million in Energy Resources Programs Account (ERPA) funds, $4.0 million in Energy Conservation Assistance Account (ECAA) funds, $8.9 million in federal funds, $5.8 million in reimbursement funds, $3.5 million in Geothermal Resources Development Account (GRDA) Funds, and $2.9 million in 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 479.6. Total support funding is $61.7 million consisting of $37.6 million for personal services, $15.4 million for contracts and $8.7 million for other operating. Special item or pass through funding is $300.7 million.

Funds

Highlights of the various funds in the Commission Budget:

ECAA/LJEAA Funds - authorized expenditure level is $4,027,000. These continuously appropriated funds provide funding for energy efficiency loans to schools, hospitals and local jurisdictions.

ERPA Funds - authorized expenditure level is $46,479,000. ERPA is the primary funding source for Energy Commission staff, contract and operating expenses and also funds Export grants.

ETRDDA Funds - authorized expenditure level is $550,000 for Farm Energy Loans. Language is included in the Budget Bill to allow for a two-year encumbrance period to 6/30/06 and a liquidation period to 6/30/08.

Federal Funds - authorized expenditure level is $8,906,000. This includes $2,906,000 in staff support and contracts for the State Energy Program and $6,000,000 for anticipated federal awards for various Commission programs.

GRDA Funds - authorized expenditure level is $3,542,000. This includes $342,000 for 3.9 positions and $3,200,000 in project funds.

MVA Funds - authorized expenditure level is $127,000. These are support funds for two positions.

Public Interest Research, Development and Demonstration Program Fund - authorized expenditure level is $6,647,000 for 52.1 positions, operating and baseline contracts and $62,500,000 for pass through program funds with $200,000 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 6/30/06 and a liquidation period to 6/30/10.

Public Interest Renewable Resource Trust Fund - authorized expenditure level is $3,946,000 for 29.0 positions, operating and baseline contracts. Additionally, $217,700,000 is continuously appropriated pass through program funds.

PVEA (Petroleum Violation Escrow Account) Funds - authorized expenditure level is $198,000. These are support funds for 1.0 position.

Reimbursements - authorized expenditure level is $5,745,000. This is primarily expenditure authority for anticipated funding from government agencies.

Energy Facility License and Compliance Account Funds - authorized expenditure level is $615,000. These funds are for power plant siting pea,000 workload contract funds.


Budget Bill Special Language

Fund Sweep - sweeps $12.0 million of ERPA reserve funds to the General Fund.

Reappropriation - extends encumbrance period for ERPA funds (Budget Act of 2000-Alameda-Contra Costa Transit District hydrogen fueling station) to June 30, 2006.

Reversion - reverts $27.2 million of unliquidated and unencumbered 5X, AB 970 and BA of 2001 balances to the General Fund.

Current and Proposed Budgets