Administration Services Revolving Account; IC 4-13

This fund is where the Department of Administration renders services, like printing, paper and information technology, to state agencies through a bill-back procedure. These services are provided through the Department of Administration (DoA) "in the interests of economy and efficiency" according to Indiana law. But from fiscal 1998 through fiscal 2001, this fund has gone from a balance of $18.3 million to $35.8 million. This account's annual revenues from fiscal 1998 through 2001 exceed expenditures on average by about $9.25 million. As of March 4, this account has a cash balance of over $36 million.

Financial Responsibility Compliance Verification Fund; IC 9-25-9-7

This fund exists to defray expenses incurred by the Bureau of Motor vehicles in verifying compliance with insurance, bonding or self insurance requirements for people who either (a) receive three moving violations within one (1) year, (b) are convicted of a misdemeanor or felony involving a motor vehicle, or (c) receive a moving violation and have previously had their license suspended for failure to have insurance, a bond or self-insurance.

From fiscal year 1998 through fiscal year 2001, this fund's balance has grown from $13.6 million to $28 million. Over that period, its annual revenues exceeded expenditures by nearly $5 million per year. This fiscal year, the BMV has used money from this fund to upgrade its computer systems, but the cash balance in the account remains over $18 million, with total assets over $28 million, as of March 4. This fund is included in the senate version of HB 1004.

Recycling Promotion Assistance Fund; IC 4-23-5.5-14

This fund exists to support loans to people establishing new recycling businesses, expanding existing recycling businesses, and manufacturers retrofitting equipment to reuse or recycle secondary materials. Its balance has grown from $10.1 million at the end of fiscal 1998 to $16.7 million at the end of fiscal 2001. Annual revenues to the fund exceeded expenditures over this time on average by $2.3 million. From fiscal 2000 through December 31, 2001, loans totaling $777,480 were made from this fund. This fund actually sent $1.5 million this fiscal year to the Solid Waste Management fund, which is actually supposed to serve as a source fund for it. Despite that transfer, as of March 4 it has a cash balance of over $16.5 million. This fund is included in the senate version of HB 1004.