249#1s (RU) RU Maintenance Reserve Transfer. SB30 - Committee Approved

State Budget

1998 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 249 #1s

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RU Maintenance Reserve Transfer

Item 249 #1s

Item 249 #1s	First Year - FY1999	Second Year - FY2000
Education: Higher Education
Radford University	FY1999 ($391,010)	FY2000 ($391,010)	GF
	FY1999 ($1,931,000)	FY2000 $0	NGF

Language
Page 166, line 19, after "249" strike the remainder of the line through line 25 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 249

Item 249	First Year - FY1999	Second Year - FY2000
Deferred Maintenance (73900)	$2,322,010	$391,010
Fund Sources:
General	FY1999 $391,010	FY2000 $391,010
Higher Education Operating	FY1999 $1,931,000	FY2000 $0

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