491#1c (VDOT) Toll Facility Unobligated Cash. HB1500 - Conference Report

State Budget

2005 Session

Budget Amendments - HB1500 (Conference Report)

Bill Order » Item 491 #1c

View Budget Item
View Budget Item amendments

Toll Facility Unobligated Cash (language only)

Item 491 #1c

Item 491 #1c
Transportation
Transportation, Department of

Language
Page 441, line 12, insert "A." before "Included".
Page 441, after line 15, insert:
"B. From unobligated balances available in the Toll Facilities Revolving Account, $23,600,000 the second year shall be transferred to Item 493.10 for the Transportation Partnership Opportunity Fund."

Explanation
(This amendment provides $23.6 million of nongeneral fund cash to capitalize the Transportation Partnership Opportunity Fund.)

Item 491

Item 491	First Year - FY2005	Second Year - FY2006
Toll Facility Operations (60600)	$61,199,703	~~$62,903,403~~ $61,971,600
Toll Facility Acquisition and Construction (60601)	FY2005 $12,744,000	FY2006 ~~$13,529,000~~ $9,828,000
Toll Facility Debt Service (60602)	FY2005 $21,692,000	FY2006 ~~$21,745,000~~ $20,941,400
Toll Facility Maintenance and Operation (60603)	FY2005 $23,757,103	FY2006 ~~$24,471,803~~ $25,874,600
Toll Facilities Revolving (60604)	FY2005 $3,006,600	FY2006 ~~$3,157,600~~ $5,327,600
Fund Sources:
Commonwealth Transportation	FY2005 $2,471,600	FY2006 ~~$2,534,600~~ $4,704,600
Trust and Agency	FY2005 $5,423,103	FY2006 ~~$5,559,853~~ $5,666,800
Debt Service	FY2005 $53,305,000	FY2006 ~~$54,808,950~~ $51,600,200

Authority: §§ 33.1-23.03:1 and 33.1-267 through 33.1-295, Code of Virginia.

Included in this Item are the funds necessary to implement E-Z Pass reciprocity on toll roads in Virginia that as of September 1, 2003 had an electronic toll collection system in place and operating.