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2000 Session

Budget Amendments - HB29 (Conference Report)

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DIT Rate Savings

Item 547.10 #3c

Item 547.10 #3c

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Appropriations FY1999 $0 FY2000 ($2,612,521) GF

Language
Page 465, line 46, strike "($29,788,406)" and insert "($32,400,927)".
Page 467, after line 14, insert:
"H. No later than June 30, 2000, the State Comptroller shall transfer to this item from agency budgets an amount estimated at $2,612,521 representing agency savings from charges by the telecommunications services and computer services funds of the Department of Information Technology. This transfer shall exclude funds from the federal trust fund, institutions of higher education, and the Virginia Retirement System. ".


Explanation
(This amendment captures savings of $2.6 million from reductions in rates charged by the Department of Information Technology's internal service Funds. These funds were originally captured by action of the 1999 General Assembly as direct transfers.)