2000 Session

Budget Amendments - HB30 (Committee Approved)

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Maintenance Reserve Study

Item C-200 #7h

Item C-200 #7h

First Year - FY2001 Second Year - FY2002
Central Appropriations
Central Capital Outlay FY2001 $250,000 FY2002 $0 GF

Page 418, line 18, strike "$45,000,000" and insert "$45,250,000".
Page 420, after line 7, insert:
"E.  Included in this Item is up to $250,000 from the general fund the first year, which may be expended for qualified consultant services to examine the methodologies used to determine maintenance reserve needs of the Commonwealth's agencies and institutions.  The State Council on Higher Education and the Department of General Services, in consultation with  the Joint Subcommittee on Higher Education Funding Polices, shall jointly issue a request for proposals for such services, with a goal of establishing a uniform method or methods of determining maintenance reserve needs of such agencies and institutions."

(This amendment is self-explanatory.)