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2002 Session

Budget Amendments - SB30 (Committee Approved)

VEDP - ATB Cuts

Item 129.1 #1s

Item 129.1 #1s

First Year - FY2003 Second Year - FY2004
Commerce And Trade
Virginia Economic Development Partnership FY2003 ($1,199,445) FY2004 ($1,370,795) GF

Language
Page 84, following line 41 insert:
"129.10 Executive Management (71300)...................($1,199,445)   ($1,370,795)
Savings from Management Actions (71301)............. ($1,199,445)   ($1,370,795)
Fund Sources: General....................                        ($1,199,445)    ($1,370,795)
Authority:  Discretionary Inclusion".


Explanation
(This amendment reduces the budget for the Virginia Economic Development Partnership by 7 percent the first year and 8 percent the second year. A companion amendment to Item 506 eliminates across the board reductions for the department. )