2004 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Governor Warner
Fund increased VRS rates for commissioners of the revenue

Item 70 #1g

Item 70 #1g

First Year - FY2005 Second Year - FY2006
Compensation Board FY2005 $242,142 FY2006 $0 GF

Page 53, line 4, strike "$16,076,334" and insert "$16,318,476".

(This amendment adds $242,142 general fund support the first year to address increases in local retirement rates for commissioners of the revenue. These higher rates were certified by the Virginia Retirement System after the Governor's budget was completed. Items 63, 64, 65, 66 and 69 include companion amendments related to these increased rates.)