227#1c (CNU) CNU Maintenance Reserve Transfer. HB30 - Conference Report

State Budget

1998 Session

Budget Amendments - HB30 (Conference Report)

Bill Order » Item 227 #1c

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CNU Maintenance Reserve Transfer

Item 227 #1c

Item 227 #1c	First Year - FY1999	Second Year - FY2000
Education: Higher Education
Christopher Newport University	FY1999 ($131,361)	FY2000 ($131,361)	GF

Language
Page 158, line 44, after "227" strike the remainder of the line through line 49 and insert "Omitted".

Explanation
(This amendment eliminates the proposal in the budget bill, as introduced, to transfer maintenance reserve funding to the operating budgets of higher education institutions. A companion amendment to Item C-1 restores funds for the program to the capital outlay section of the budget bill.)

Item 227

Item 227	First Year - FY1999	Second Year - FY2000
Deferred Maintenance (73900)	$131,361	$131,361
Fund Sources:
General	FY1999 $131,361	FY2000 $131,361

This appropriation shall be transferred to the capital project code listed for Christopher Newport University in Paragraph D of Item C-1 and shall be subject to the conditions stated in that item.