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1998 Session

Budget Amendments - SB30 (Conference Report)

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Maint. Res. Offset w/ Cap Exp Fund

Item C-1 #4c

Item C-1 #4c

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Capital Outlay FY1999 ($3,100,000) FY2000 ($12,207,000) GF
FY1999 $3,100,000 FY2000 $12,207,000 NGF

Language
Page 345, line 24, strike "12,607,000" and insert "
9,507,000
".
Page 345, line 24, strike "12,207,000" and insert "0".
Page 345, after line 24 insert:
"Special                $3,100,000          $12,207,000".


Explanation
(This amendment replaces $3.1 million the first year and $12.2 million the second year from the general fund for Maintenance Reserve with funds from the Capital Expenditure Special Fund. The special fund will result from the passage of Senate Bill 476, which requires the portion of growth in state income tax nonwithholding revenue that is greater than total general fund revenue growth be deposited in a special fund and appropriated for nonrecurring expenditures, such as capital projects.)