430#2c (DOAV) Airplane Replacement. HB5002 - Conference Report

State Budget

2006 Special Session I

Budget Amendments - HB5002 (Conference Report)

Bill Order » Item 430 #2c

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Airplane Replacement (language only)

Item 430 #2c

Item 430 #2c
Transportation
Department Of Aviation

Language
Page 368, strike lines 31 through 34 and insert:
“Out of this appropriation $500,000 the first year and $500,000 the second year from uncommitted aviation special funds is provided for purchase or lease-purchase of a replacement aircraft.”

Explanation
(This amendment permits the agency to either purchase outright or purchase through a lease agreement a replacement aircraft for state use.)

Item 430

Item 430	First Year - FY2007	Second Year - FY2008
State Aircraft Flight Operations (65600)	$6,185,690	$2,185,690
State Aircraft Acquisition or Enhancement (65601)	FY2007 $4,500,000	FY2008 $500,000
State Aircraft Operations and Maintenance (65602)	FY2007 $1,685,690	FY2008 $1,685,690
Fund Sources:
General	FY2007 $44,067	FY2008 $44,067
Commonwealth Transportation	FY2007 $6,141,623	FY2008 $2,141,623

Authority: Title 5.1, Chapter 1, Code of Virginia.

Out of this appropriation, $500,000 the first year and $500,000 the second year from uncommitted aviation special funds is provided for purchase of a replacement aircraft through the master equipment leasing program.