2000 Session

Budget Amendments - SB30 (Committee Approved)

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Use VPBA Balances for HVAC

Item C-180 #1s

Item C-180 #1s

First Year - FY2001 Second Year - FY2002
Public Safety
Juvenile Justice, Department of FY2001 ($2,989,000) FY2002 $0 GF
FY2001 $2,989,000 FY2002 $0 NGF

Page 415, line 20, insert:
"The Debt Service amounts included in this item consist of reserve fund proceeds and excess interest earned on Virginia Public Building Authority Bonds. The Governor shall authorize the initiation of this project upon certification that an arbitrage rebate liability calculation has been completed, an affirmative opinion of counsel has been received, and excess bond proceeds and interest earnings are available.".

(This amendment replaces $2,989,000 in general funds the first year for a heating, ventilation, and air conditioning project with an equal amount of nongeneral funds. The source of the nongeneral funds is Virginia Public Building Authority balances. A companion amendment to Item C-183 removes these balances from the Beaumont kitchen and dining facility project.)