Exploring Dedicated Funding Models to Support Mandated Operations Josef Gasimov Washington DC Patrick Reed Washington State How do you pay for it all Everchanging budgetary challenges Purpose of this discussion ID: 767378
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Exploring Dedicated Funding Models to Support Mandated Operations Josef GasimovWashington D.C. Patrick ReedWashington State
How do you pay for it all? Ever-changing budgetary challenges
Purpose of this discussion Explore self-funding financial options
Why self-funding? Save timeRetain peopleSupport needs Customer service
WA and D.C. before Staff versus volumesMaintenance fundingHeavy backlogs
WA and D.C. after Adequate staffingNew filing systemExpanded services Backlogs are gone
How did we do it? (WA) Established funding needsDrafted legislationLobbied the legislatureRallied stakeholders
How did we do it? (D.C.) Pending changes to lawsID’d needs of proposed Act Rebalanced fee structure
Ongoing challenges Legislation and funding Budget managementSpecific fund use
Summary of benefits Adjustable staffing Eliminated backlogsModern filing system Customer satisfaction
Questions Patrick ReedPublic & Government Affairs Manager, Office of the Secretary of State, Corporations and Charities Division Patrick.Reed@sos.wa.gov 360-725-0358 Josef Gasimov Deputy Superintendent of Corporations, Department of Consumer and Regulatory Affairs Josef.Gasimov@dc.gov 202-478-3285