237#1s (MWC) MWC Maintenance Reserve Transfer. SB30 - Committee Approved

State Budget

1998 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 237 #1s

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MWC Maintenance Reserve Transfer

Item 237 #1s

Item 237 #1s	First Year - FY1999	Second Year - FY2000
Education: Higher Education
Mary Washington College	FY1999 ($302,614)	FY2000 ($302,614)	GF
	FY1999 ($200,000)	FY2000 $0	NGF

Language
Page 162, line 9, after "237" strike the remainder of the line through line 15 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 237

Item 237	First Year - FY1999	Second Year - FY2000
Deferred Maintenance (73900)	$502,614	$302,614
Fund Sources:
General	FY1999 $302,614	FY2000 $302,614
Higher Education Operating	FY1999 $200,000	FY2000 $0

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