78#1c (CB) Eliminate Management Savings. HB1450 - Conference Report

State Budget

1999 Session

Budget Amendments - HB1450 (Conference Report)

Bill Order » Item 78 #1c

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Eliminate Management Savings

Item 78 #1c

Item 78 #1c	First Year - FY1999	Second Year - FY2000
Administration
Compensation Board	FY1999 $0	FY2000 $4,011,751	GF

Explanation
(This amendment eliminates management savings of $4.0 million planned for locally elected constitutional officers in the second year. A companion amendment captures estimated year end balances of $9.5 million.)

Item 78

Item 78	First Year - FY1999	Second Year - FY2000
Executive Management (71300)	-$4,011,751	-$4,011,751
Adjustments for Resizing Actions (71302)	FY1999 -$4,011,751	FY2000 -$4,011,751
Fund Sources:
General	FY1999 -$4,011,751	FY2000 -$4,011,751

Authority: Discretionary Inclusion.

1. The Compensation Board is hereby authorized to reduce appropriations for constitutional officers in Items 72, 73, 74, 75, and 76 of this act by a total of $4,011,751 the first year and $4,011,751 the second year, so that those appropriations more nearly reflect actual expenditures.

2. It is the intent of the General Assembly that the reduction herein shall not impact the authority of the Compensation Board in § ~~14.1-51~~ 15.2-1636.8, Code of Virginia, to fix and determine what constitutes a fair and reasonable budget for any constitutional officer.