Item 72 | First Year - FY2001 | Second Year - FY2002 |
|---|---|---|
| Investment, Trust, and Insurance Services (72500) | $3,138,235 | $3,139,502 |
| Insurance Services (72502) | FY2001 $3,138,235 | FY2002 $3,139,502 |
| Fund Sources: | ||
| General | FY2001 $2 | FY2002 $2 |
| Trust and Agency | FY2001 $3,138,233 | FY2002 $3,139,500 |
Authority: Title 2.1, Chapter 32, Article 5.1, Code of Virginia.
A. The Department of General Services shall take into account the claims experience of each agency and institution when setting premiums for the general liability program.
B. The Department of General Services shall report to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees by September 1 its recommended general liability rates for state agencies during the following fiscal year. This report shall also include the basis for the department’s recommendations.