Item 541 | First Year - FY2001 | Second Year - FY2002 |
|---|---|---|
| Reversion Clearing Account - Miscellaneous (22600) | -$1,306,436 | -$93,034,917 |
| Fund Sources: | ||
| General | FY2001 -$1,306,436 | FY2002 -$93,034,917 |
Authority: Discretionary Inclusion.
A.1. The head of each agency in the Executive Department, except the institutions of higher education, shall develop a plan for achieving increased productivity during the 2000-02 biennium, to be submitted to the Governor no later than October 1, 2000. The plan shall be in such form as prescribed by the Governor.
2. Upon approval of the plan by the Governor, general fund savings estimated at $91,728,481 and identified by these plans shall be transferred to this Item by the Director, Department of Planning and Budget. Any agency general fund appropriations unexpended on June 30, 2000, and June 30, 2001, shall be reappropriated if used to offset these savings.
3. Savings included in this item for the second year may be transferred to the first year, pursuant to information in the approved savings plan for each agency.
B. For fiscal year 2001 and fiscal year 2002, automobile liability premiums shall be suspended. State agencies and institutions of higher education will not make payments to the Department of General Services for this purpose. The Director, Department of Planning and Budget, shall withhold from appropriations to these agencies and institutions general fund amounts estimated to equal $1,207,116 each year and transfer those amounts to this Item. Nongeneral fund amounts appropriated for the payment of automobile liability premiums, which are estimated to equal $34,923 each year, shall be transferred to the general fund pursuant to § 3-1.01 V of this act. All funds from the Virginia Retirement System, federal sources, and transportation funds are exempted from this transfer.
C. For fiscal year 2001 and fiscal year 2002, performance indemnity bond premiums shall be suspended. State agencies and institutions of higher education will not make payments to the Department of General Services for this purpose. The Director, Department of Planning and Budget, shall withhold from appropriations to these agencies and institutions general fund amounts estimated to equal $99,320 each year, and transfer those amounts to this Item. Nongeneral fund amounts appropriated for the payment of indemnity bond premiums, which are estimated to equal $15,678 each year, shall be transferred to the general fund pursuant to § 3-1.01 W of this act. All funds from the Virginia Retirement System, federal sources, and transportation funds are exempted from this transfer.