2001 Session

Budget Amendments - HB1600 (Committee Approved)

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Debt Service for Maint Rsv

Item 291 #2h

Item 291 #2h

First Year - FY2001 Second Year - FY2002
Treasury Board FY2001 $0 FY2002 $5,600,000 GF

Page 274, line 28, strike "$256,843,606" and insert "$262,443,606".
Page 275, line 22, after "2.", insert "a."
Page 275, after line 28, insert:
"b. Out of the amounts for Amortization Payments, $5,600,000 the second year from the general fund shall be paid to the Virginia College Building Authority for payment of debt service on obligations authorized under Item C-204.10 for Maintenance Reserve Projects.  Debt service amounts are based on five-year bonds."

(This amendment is self-explanatory.)