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1998 Session

Budget Amendments - HB29 (Committee Approved)

JTCC Midlothian Equipment

Item C-17.96 #2h

Item C-17.96 #2h

First Year - FY1997 Second Year - FY1998
Education: Higher Education
Virginia Community College System FY1997 $0 FY1998 $296,000 GF

Language
Page 150, after line 13, insert:
"C-17.96  New Construction:  Midlothian Campus
               Supplement, John Tyler (15396)                       $296,000
               Fund Sources:  General                                   $296,000".


Explanation
(This amendment provides funds to supplement the construction of a new campus in the Midlothian area of Chesterfield County for John Tyler Community College, bringing the total project cost to $9.6 million. House Bill 29, as introduced, proposed financing this supplement through bonded debt of the Virginia College Building Authority, the debt service for which would be paid over time by the general fund.)