State and Consumer Services
Loans and Transfers from Special Funds

The May Revision proposes loans and transfers from various special funds to provide one-time funding to the General Fund to help close the budget gap. For funds within this agency, the total loans and transfers are $186.5 million and $50 million, respectively. The majority of the funds considered for a transfer or loan had projected reserves of at least $5 million in 2008-09. In addition, a loan or transfer was only proposed when there would be no impact to the programs supported by the fund, when a fee increase would not be required, and when no repayment would be needed prior to 2010-11.


LOANS FROM THE DEPARTMENT OF CONSUMER AFFAIRS BOARDS AND BUREAUS - $126.5 MILLION
 The following 13 Board and Bureau funds within the Department of Consumer Affairs include a proposed loan to the General Fund to be repaid in 2011-12 or later:

  • State Board of Barbering and Cosmetology Fund - $10 million
  • Psychology Fund - $2.5 million
  • Accountancy Fund - $16 million
  • Contractors' License Fund - $13 million
  • Contingent Fund of the Medical Board of California - $6 million
  • Board of Registered Nursing Fund - $2 million
  • Pharmacy Board Contingent Fund - $1 million
  • Professional Engineers' and Land Surveyors' Fund - $4 million
  • Behavioral Science Examiners Fund - $3 million
  • Vocational Nursing and Psychiatric Technicians Fund - $1 million
  • Occupational Therapy Fund - $3 million
  • Vehicle Inspection and Repair Fund - $25 million
  • High Polluter Repair or Removal Account - $40 million

LOAN FROM THE DEPARTMENT OF GENERAL SERVICES
 The May Revision proposes a $60 million loan from the Public School Planning, Design, and Construction Review Revolving Fund to the General Fund to be repaid after 2011-12.


TRANSFER FROM THE RESTITUTION FUND
 The May Revision proposes a one-time transfer of $50 million from the Restitution Fund to the General Fund. This transfer along with a $30 million loan to the Emergency Response Account will result in a revised fund balance of more than $44 million at the end of 2008-09.
CHAPTER HIGHLIGHTS for State and Consumer Services Back to Top

image of black pointing arrowLoans and Transfers from Special Funds
PRINTABLE BUDGET DOCUMENTS Back to Top
Revised Budget Summary - State and Consumer Services (pdf * - 46K) -
Provides the entire State and Consumer Services Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Revised Budget Detail - State and Consumer Services
Displays Revised Budget Detail information for State and Consumer Services.

Proposed Budget Summary - State and Consumer Services (January 2008)
Displays Proposed Budget Summary information for State and Consumer Services.