Item 506 | First Year - FY2003 | Second Year - FY2004 |
|---|---|---|
| Across the Board Reductions (71400) | -$176,752,034 | -$178,935,174 |
| Fund Sources: | ||
| General | FY2003 -$176,752,034 | FY2004 -$178,935,174 |
Authority: Discretionary Inclusion
A. To accomplish savings estimated at $ 176,752,034 the first year and $ 178,935,174 the second year, the Department of Planning and Budget is hereby authorized to reduce the general fund appropriation for operating expenses of each agency in the Executive Department, as contained in Part 1 of this act. For the first year, this item shall continue the two percent (2%) reduction implemented in Fiscal Year 2002 pursuant to HB 29 (2002), plus an additional reduction of four percent (4%). These reductions shall be continued in the second year. In the case of agencies with 25 or fewer employees, the savings may be different than the cited percentages for an individual agency, provided that the combined savings for all agencies shall be equal to the cited percentages. The savings resulting from such withheld appropriations shall be transferred to this Item.
B. Prior to taking any action to execute reductions in this Item, the Governor shall present a plan to the Chairmen of the House Appropriations and Senate Finance Committees, displaying an explanation of the reductions intended to be made to each agency.
C.1. Not later than September 15 of the first year of the biennium, the Governor shall prepare a revised general fund revenue forecast for that year, pursuant to the process prescribed in § 2.2-1503, Code of Virginia, based on actual general fund revenue collections for the prior fiscal year.
2. Should the forecast indicate an increase in general fund revenues for fiscal year 2003 above the official general fund estimate for that year used in this act, after taking into account any required deposit to the Revenue Stabilization Fund, pursuant to § 2.2-1829, Code of Virginia, such additional revenue shall be used in the following priority order:
First, to increase the base salary of employees listed in Paragraph C, subparagraphs 2 a through 2 e of Item 511, faculty at the institutions of higher education, and public school teachers by greater than the 2.0 percent increase provided for in this act, as determined by the Governor,
Second, to provide grants to the following nonstate agencies:
| Amherst County Museum and Historical Society | $40,000 |
| Art Museum of Western Virginia | $500,000 |
| Beacon Theatre | $75,000 |
| Blue Ridge Institute | $50,000 |
| Camp Baker | $100,000 |
| Campbell County Historical Society | $50,000 |
| Camp Virginia Jaycee, inc. | $50,000 |
| Capital Region Performing Arts Foundation | $1,000,000 |
| Children’s Museum of Richmond | $150,000 |
| Chrysler Museum | $150,000 |
| Fairfax Civil War Museum | $50,000 |
| Freedom Museum | $50,000 |
| Hampton History Museum | $100,000 |
| Hanover Tavern | $75,000 |
| Harrisonburg/Rockingham Historical Society | $25,000 |
| Hurrah Players, inc. | $5,000 |
| Kenmore | $100,000 |
| Locust Grove School House | $10,000 |
| Lynchburg Academy of Music Theatre | $75,000 |
| Lynchburg School of Arts | $50,000 |
| Manville Community Center | $40,000 |
| Maymont Foundation | $100,000 |
| Mill Mountain Zoo | $150,000 |
| Montpelier | $300,000 |
| Moton Center | $300,000 |
| Nursing Assistant Institute | $100,000 |
| Oatlands | $50,000 |
| Our Health | $200,000 |
| Paxton House Historical Society | $50,000 |
| Richmond Symphony | $100,000 |
| South Norfolk Armory | $100,000 |
| State 4-H Horse Show Committee | $20,000 |
| U.S.S. Wisconsin | $600,000 |
| Valentine Museum | $50,000 |
| Virginia Historical Society | $250,000 |
| Virginia Marine Science Museum | $500,000 |
| Virginia Waterfront International Arts Festival | $50,000 |
| Wolf Trap Foundation for the Performing Arts | $500,000 |
| Woodrow Wilson Birthplace Foundation | $100,000 |
| Total | $6,265,000 |
Third, to provide maintenance reserve capital appropriations for state agencies in addition to the amounts currently provided for in Item C-149 of this act, not to exceed an additional $30,000,000, and
Fourth, to reduce the appropriation savings referenced in this Item on a pro rata basis, as determined by the Governor, by the excess of the forecast revenue collections over the official estimate. In making this calculation, he shall take into account the savings for agencies in the Legislative Department referenced in Item 23 of this act and the savings for agencies in the Judicial Department referenced in Item 43 of this act.