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2005 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Whipple
Mass Transit Assistance

Item 482 #1s

Item 482 #1s

First Year - FY2005 Second Year - FY2006
Transportation
Rail and Public Transportation, Department of FY2005 $0 FY2006 $52,500,000 GF

Language
Page 433, line 24, strike "$152,129,341" and insert "$204,629,341".


Explanation
(This amendment of $52.5 million GF increases state support for mass transit to levels authorized in the Code of Virginia. State policy authorizes up to 95.0 percent of the nonfederal portion of a locality's total capital cost. In FY 2006, state funding is estimated at 31.0 percent of the nonfederal portion.)