182#1s (CVC) CVC Maintenance Reserve Transfer. SB30 - Committee Approved

State Budget

1998 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 182 #1s

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CVC Maintenance Reserve Transfer

Item 182 #1s

Item 182 #1s	First Year - FY1999	Second Year - FY2000
Education: Higher Education
Clinch Valley College	FY1999 ($150,393)	FY2000 ($150,393)	GF
	FY1999 ($125,000)	FY2000 $0	NGF

Language
Page 136, line 28, after "182" strike the remainder of the line through line 34 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 182

Item 182	First Year - FY1999	Second Year - FY2000
Deferred Maintenance (73900)	$275,393	$150,393
Fund Sources:
General	FY1999 $150,393	FY2000 $150,393
Higher Education Operating	FY1999 $125,000	FY2000 $0

This appropriation shall be transferred to the project code listed for Clinch Valley College in Paragraph D of Item C-1 and shall be subject to the conditions stated in that item.