2002 Session

Budget Amendments - HB29 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Reid
VCCS Carryforward of Balances

Item 227 #2h

Item 227 #2h

First Year - FY2001 Second Year - FY2002
Education: Higher Education
Virginia Community College System FY2001 $0 FY2002 $2,600,000 GF

Page 203, line 23, strike "$435,178,368" and insert "$437,778,368".

(This amendment restores $2.6 million in Educational and General operating balances available at June 30, 2001, that were to be carried forward and reappropriated in fiscal year 2002, in accordance with § 4-1.06 of the Appropriation Act. This language directs that institutions of higher education may retain operating balances at year end, if they have met management standards set forth by the Governor.)