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Missouri Division of Finance
301 W. High Street
Room 630,
P.O. Box 716
Jefferson City, MO 65102
Phone: 573 751-3242
Fax: 573 751-9192
E-Mail: finance@dof.mo.gov |
Annual Assessment
State of Missouri - Division of Finance
Fiscal Year 2008 Annual Assessment of State Chartered Banks and Trust Companies
Calculated in accordance with Section 361.170 RSMo.
FY2008 Projected Expenditures: |
Personal Service Appropriation |
$5,589,505 |
Less Projected Surplus |
(565,731) |
Projected Personal Service Expenditure |
$5,023,774 |
Expense and Equipment Appropriation |
857,401 |
|
Total Projected Expenditures |
$5,881,175 |
Plus: |
15% (Per Section 361.170 RSMo.) |
882,176 |
Estimated Fringe Benefits |
1,929,922 |
Total Estimated FY2008 Operating Expenses |
$8,693,273 |
Less: |
FY07 Ending Fund Balance |
(650,000) |
Pure Trust Company Assessments |
(98,797) |
Estimated Consumer Credit License Fees |
(1,000,000) |
| Estimated Transfer-Mortgage Broker Fund |
(175,000) |
| Estimated Transfer-S&L Fund |
(25,000) |
Estimated Miscellaneous Fees |
(50,000) |
Estimated Interest Income |
(80,000) |
|
Net Assessment |
$6,614,476 |
291 Banks and Trust Company Total Assets = |
$65,385,969M |
Average Assessment Rate = |
$ 0.101 Per M |
|
FY2008 Assessment Rates |
|
|
Plus |
On Excess |
|
Total Assets |
Amount |
(Per M) |
Over |
|
Under $25MM |
$.00 |
$.2857957 |
$0 |
|
$25 - $50MM |
$7,144.89 |
$.2041398 |
$25MM |
|
$50 - $100MM |
$12,248.39 |
$.1299071 |
$50MM |
|
$100 - $250MM |
$18,743.75 |
$.0608076 |
$100MM |
|
$250 - $1,000MM |
$27,864.89 |
$.0519629 |
$250MM |
|
Over $1,000MM |
$66,837.07 |
$.0408280 |
$1,000MM |
|
|
