Item 95 | First Year - FY1999 | Second Year - FY2000 |
|---|---|---|
| Industrial Development Services (53400) | $19,878,830 | $19,798,631 |
| Community and Business Assistance (53401) | FY1999 $4,612,094 | FY2000 $4,621,473 |
| Industrial Employee Training (53403) | FY1999 $13,472,728 | FY2000 $13,479,141 |
| Other Services (53499) | FY1999 $1,794,008 | FY2000 $1,698,017 |
| Fund Sources: | ||
| General | FY1999 $17,752,009 | FY2000 $17,671,810 |
| Special | FY1999 $315,750 | FY2000 $315,750 |
| Dedicated Special Revenue | FY1999 $175,000 | FY2000 $175,000 |
| Federal Trust | FY1999 $1,636,071 | FY2000 $1,636,071 |
Authority: Title 2.1, Chapter 32.2 and Title 9, Chapter 28, Code of Virginia, and Discretionary Inclusion.
A. The Virginia Small Business Financing Authority is authorized to withdraw revenues of up to $75,000 the first year and $75,000 the second year from the accrued interest balances of the Virginia Export Loan Guarantee Fund and the Virginia Small Business Growth Fund in order to cover the costs for administering these programs.
B. Out of the amounts for Industrial Development Services shall be provided $250,000 the first year and $250,000 the second year from the general fund to further capitalize the Virginia Small Business Growth Fund within the Virginia Small Business Financing Authority.
C. Out of the amounts for Industrial Development Services shall be provided $100,000 the first year from the general fund to the Greater Richmond Chapter of the American Red Cross for the National Red Cross Convention to be held in Richmond in May 1999.
D. Out of the amounts for Industrial Development Services shall be provided $150,000 the first year and $150,000 the second year from the general fund to the Virginia-Israel Advisory Board.