Standing Committee on Budget and Finance
Alan S. Anderson, chair
The Standing Committee on Budget and Finance met on March 19, 2012, to review and approve the staff’s proposal for the 2012-13 operating budget. The Virginia Supreme Court approved the budget on May 22, 2012. The proposed budget was reviewed and approved by the Executive Committee on June 13. On June 14, 2012, Bar Council considered, and unanimously passed, an operating budget for fiscal year 2012-013 for the bar totaling $13,573,436.
This budget reflects an increase of $793,316 over the budget for the prior fiscal year which ended on June 30, 2012. The increase was primarily due to a three percent bonus for bar staff, which all state employees will receive if state revenue projections are met, and an increase in state employee benefits. In addition, the contribution to the Lawyers Helping Lawyers program was increased to $135,000 from $100,000.
The committee continues to evaluate the appropriate levels of reserves for the bar. The bar dues were reduced in FY2012 by $25 for active members and $12.50 for associate members.Updated: Aug 09, 2012