Executive Management Savings - Virginia College Savings Plan

Item 526.10 #1s

Language
Page 379, following line 37
Page 50, following line 39, insert:
"524.10 Executive Management (71300)..................($260,045)      ($298,259)
Savings from Management Actions (71301).................... ($260,045)      ($298,259)
Fund Sources: Enterprise....................($260,045)       ($298,259)
Authority:  Discretionary Inclusion"

Explanation
(This amendment reduces the administrative budget for the Virginia College Savings Plan by 7% the first year and 8% the second year. A companion amendment in Part 3 transfers these savings to the general fund. )