| 2002 Yellow Book |
| Backward Forward Cover Overview Table of Contents |
| NEW YORK INTEREST ON LAWYERS ACCOUNT |
Adjusted Executive
Appropriation Request Percent
2001-02 2002-03 Change Change
AGENCY SUMMARY
Fiduciary 16,393,000 16,509,000 116,000 0.71%
Total for AGENCY SUMMARY: 16,393,000 16,509,000 116,000 0.71%
STATE OPERATIONS
Fiduciary 1,443,000 1,559,000 116,000 8.04%
Total for STATE OPERATIONS: 1,443,000 1,559,000 116,000 8.04%
New York Interest on Lawyer Account
Fiduciary 1,443,000 1,559,000 116,000 8.04%
Total for Program: 1,443,000 1,559,000 116,000 8.04%
AID TO LOCALITIES
Fiduciary 14,950,000 14,950,000 0 0.00%
Total for AID TO LOCALITIES: 14,950,000 14,950,000 0 0.00%
New York Interest on Lawyer Account
Fiduciary 14,950,000 14,950,000 0 0.00%
Total for Program: 14,950,000 14,950,000 0 0.00%
ALL FUNDS PERSONNEL
BUDGETED FILL LEVELS
Current Requested
Program 2001-02 2002-03 Change
New York Interest on Lawyer
Account 9 9 0
Total All Other Funds : 9 9 0
TOTAL: 9 9 0
BUDGET HIGHLIGHTS
(Executive Budget: pp. 337-338)
The Interest on Lawyers Account (IOLA) was established in 1983 to
finance civil legal services for those who cannot afford such
services, and for the elderly and disabled. Funding for civil legal
services is derived from interest earned on trust accounts that
attorneys hold for their clients, which would not earn interest for
their clients if held in a separate escrow account.
IOLA is included in the Public Protection and General Government
appropriation bill.
The Executive proposes an All Funds appropriation of $16,509,000, an
increase of $116,000 less than one percent over the State Fiscal Year
(SFY) 2001-02 fund level.
State Operations
The Executive recommends a Fiduciary Fund appropriation of $1,559,000,
an increase of $116,000 or 8.0 percent from SFY 2001-02 for salary
adjustments and other costs associated with agency operations.
Aid to Localities
The Executive recommends a Fiduciary Fund appropriation of
$14,950,000. This represents no change from the appropriation
contained in the SFY 2001-02 enacted State budget. Actual grants made
pursuant to this appropriation are subject to the availability of
funds in the IOLA Fiduciary Account.
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