2001 Session

Budget Amendments - SB800 (Committee Approved)

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SCHEV - Grant Funds Change

Item 161 #1s

Item 161 #1s

First Year - FY2001 Second Year - FY2002
Education: Higher Education
State Council of Higher Education for Virginia FY2001 $0 FY2002 ($1,050,000) GF

Page 177, line 21, strike "$11,883,024" and insert "$10,833,024".
Page 179, after  line 30 insert:
"F.  1. Out of this item, $2,042,857 from federal funds is provided for the Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP) grant.
2.  On or before September 30, 2001, the State Comptroller shall transfer $1,050,000
to a nongeneral, non-reverting fund  from available year-end balances as identified by the Secretary of Education, as the state match for the GEAR UP grant."

(This amendment eliminates a general fund appropriation as the state match for the federal GEAR UP grant and directs that available year-end balances be the source of the match.)