C-28#1s (CWM) CWM - Williamsburg Community Hospital Fund Source. SB30 - Committee Approved

State Budget

2006 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item C-28 #1s

View Budget Item
View Budget Item amendments

CWM - Williamsburg Community Hospital Fund Source (language only)

Item C-28 #1s

Item C-28 #1s
Education: Higher Education
The College of William and Mary in Virginia

Language
Page 429, strike "Higher Education Operating" and insert "Bond Proceeds".

Explanation
(This amendment changes the fund source for William and Mary's share of the cost to acquire the Williamsburg Community Hospital from Higher Education Operating Funds to 9(d) Revenue Bonds. Debt service on the bonds will come from a general fee to be paid by students.)

Item C-28

Item C-28	First Year - FY2007	Second Year - FY2008
Acquisition: Williamsburg Community Hospital (17189)	$8,500,000	$0
Fund Sources:
General	FY2007 $6,000,000	FY2008 $0
Higher Education Operating	FY2007 $2,500,000	FY2008 $0

This Item contains supplemental funding for the acquisition of the Williamsburg Community Hospital originally authorized in 2005 (Chapter 951, 2005 Acts of Assembly). The total cost of the project with the supplement is $8,750,000.