Business, Transportation, and Housing
Department of Corporations

The Budget provides $4 million from the State Corporations Fund for 30 new positions at the Department of Corporations (DOC). The positions will address issues noted in a January 2007 audit of DOC operations conducted by the Bureau of State Audits. Among other things, the audit identified concerns regarding DOC's conduct of statutorily required licensee examinations, and handling of consumer complaints.

Of the 30 positions, 11 will relieve backlogs in the examination of escrow companies, four will be assigned to examine residential lending companies, and eight will conduct examinations of deferred deposit licensees. The remaining seven positions will be assigned to the Enforcement and Education Division, where they will respond to consumer inquiries and complaints.
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CHAPTER HIGHLIGHTS for Business, Transportation, and Housing Back to Top

 Department of Transportation (Caltrans)
 High-Speed Rail Authority
 California Highway Patrol
 Department of Housing and Community Development
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PRINTABLE BUDGET DOCUMENTS Back to Top
Enacted Budget Summary - Business, Transportation, and Housing (pdf * - 26K) -
Provides the entire Business, Transportation, and Housing Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Enacted Budget Detail - Business, Transportation, and Housing
Displays Enacted Budget Detail information for Business, Transportation, and Housing.