2006 Session

Budget Amendments - SB30 (Committee Approved)

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DRPT - GF & NGF Changes

Item 437 #7s

Item 437 #7s

First Year - FY2007 Second Year - FY2008
Rail and Public Transportation, Department of FY2007 ($73,500,000) FY2008 ($29,100,000) GF
FY2007 $106,800,000 FY2008 $99,500,000 NGF

Page 372, line 38, strike "$224,580,850" and insert "$257,880,850".
Page 372, line 38, strike "$180,180,850" and insert "$250,580,850".
Page 372, strike lines 46-51
Page 373, strike lines 6-40 and insert:
“A.1. The allocation of Formula Assistance to each recipient shall be limited to the recipient’s maximum eligibility as defined in § 58.1-638, Code of Virginia.  When the initial allocation to a recipient is greater than the recipient’s eligibility to receive Formula Assistance, the Commonwealth Transportation Board may transfer the surplus funds to the statewide Capital Assistance program for distribution under that program.  The Commonwealth Transportation Board may hold harmless from a reduction in state formula assistance any transit system that maintains service levels from the previous year.
2. Included in this item is $106,800,000 the first year and $99,500,000 the second year from increased revenues dedicated to transportation during the 2006 Session of the General Assembly and deposited into the Mass Transit Trust Fund for the purpose outlined in § 58.1-638 A4f.
3. Such funds deposited as set out in this paragraph each year are to be in addition to and shall not diminish the amounts provided to mass transit as the local share.  As a condition of receiving such funding, no locality may reduce its total contribution to mass transit below the amount  provided in fiscal year 2006.  Any funds not required to be allocated to achieve the purpose outlined in § 58.1-638 A.4.f. of the Code of Virginia shall be allocated by the Commonwealth Transportation Board for Formula Assistance for distribution under that program.”
Page 373, line 41, strike “b” and insert “4.”.
Page 373, line 48 before “$10,000,000”, insert “and”.
Page 373, line 49 strike “; and $1,000,000 the first year from the general fund to promote and develop network programs in the Commonwealth”.

(This amendment removes on-going general fund revenues of $27.5 million the first year and $29.1 million the second year as well as one-time general fund dollars for specific projects in the introduced Budget Bill. The amendment also appropriates sustainable revenue derived from SB 708. Budget language makes clear that localities are to use the funds to supplement and not supplant local dollars for mass transit purposes.)