173#1s (UVA/AD) UVA Maintenance Reserve Transfer. SB30 - Committee Approved

State Budget

1998 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 173 #1s

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UVA Maintenance Reserve Transfer

Item 173 #1s

Item 173 #1s	First Year - FY1999	Second Year - FY2000
Education: Higher Education
University of Virginia	FY1999 ($4,167,254)	FY2000 ($4,167,254)	GF
	FY1999 ($2,700,000)	FY2000 $0	NGF

Language
Page 133, line 38, after "173" strike the remainder of the line through line 44 and insert "Omitted".

Explanation
(This amendment eliminates the proposal in Senate Bill 30 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 173

Item 173	First Year - FY1999	Second Year - FY2000
Deferred Maintenance (73900)	$6,867,254	$4,167,254
Fund Sources:
General	FY1999 $4,167,254	FY2000 $4,167,254
Higher Education Operating	FY1999 $2,700,000	FY2000 $0

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