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Exploring Dedicated Funding Models to Support Mandated Operations

Exploring Dedicated Funding Models to Support Mandated Operations Josef Gasimov Washington D.C. Patrick Reed Washington State How do you pay for it all? Ever-changing budgetary challenges Purpose of this discussion

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Exploring Dedicated Funding Models to Support Mandated Operations






Presentation on theme: "Exploring Dedicated Funding Models to Support Mandated Operations"— Presentation transcript:

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