1997 Session

Budget Amendments - SB700 (Conference Report)

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Racing Commission Loan Payment (language only)

Item 3-2.01 #1c

Item 3-2.01 #1c

Working Capital Funds and Lines of Credit
Advances to Working Capital Funds

Page 418, line 44, strike "$596,532" and insert "$975,327".
Page 418, line 45, strike "$1,342,712" and insert "$1,597,154".

(This amendment increases by $378,795 in fiscal year 1997 and $254,442 in fiscal year 1998 the estimated payments the Virginia Racing Commission will make on its working capital loan. The increase is based on a new forecast, using updated revenue figures from fiscal year 1996.)