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1998 Session

Budget Amendments - HB30 (Conference Report)

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Move Jail Reimbursements to VPBA

Item 302 #2c

Item 302 #2c

First Year - FY1999 Second Year - FY2000
Finance
Treasury Board FY1999 ($3,370,671) FY2000 ($3,369,366) GF

Language
Page 198, line 22, strike "$9,781,676" and insert "$6,411,005".
Page 198, line 22, strike "$9,777,611" and insert "$6,408,245".
Page 198, line 24, strike lines 42 and 43.


Explanation
(This amendment reduces debt service payments budgeted for the next biennium for Regional Jail Reimbursement Agreements. The change is based on savings resulting from the refinancing of the Rockingham/Harrisonburg Regional and Riverside Regional Jail agreements through the Virginia Public Building Authority at lower interest rates. The remaining debt service funding associated with these two agreements is appropriated in a companion amendment in Item 301.)