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2009 Session

Budget Amendments - HB1600 (Committee Approved)

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Front Page Adjustments (language only)

Item 0 #1h

Item 0 #1h

Revenues
Revenues

Language
Page 1, strike lines 4 through 7 and insert:
"An Act to amend Chapter 879, Acts of Assembly of 2008, and to amend and reenact §§ 58.1-615 and 58.1-622 of the Code of Virginia, relating to the appropriation of funds for the 2008-2010 Biennium and to provide a portion of revenues for the two years ending, respectively, on the thirtieth day of June 2009, and the thirtieth day of June 2010."
Page 1, strike lines 49 through 51.
Page 2, strike lines 1 through 11 and insert:
"First Year Second Year Total
Unreserved Balance,
June 30, 2008 $1,091,882,000 0 $1,091,882,000
Additions to Balance ($371,530,850) $8,131,738 ($363,399,112)
Official Revenue Estimates $15,017,139,287 $15,698,435,394 $30,715,574,681
Revenue Stabilization Fund $490,000,000 $0 $490,000,000
Transfers $405,621,844 $429,316,286 $834,938,130
Total General Fund Resources
Available for Appropriation $16,633,112,281 $16,135,883,418 $32,768,995,699
"
Page 2, strike lines 13 through 27, and insert:
"
First Year Second Year Total
Balance, June 30, 2008 $5,285,343,724 0 $5,285,343,724
Official Revenue Estimates $20,115,785,392 $20,403,776,082 $40,519,561,474
Lottery Proceeds Fund $430,500,000 $430,200,000 $860,700,000
Bond Proceeds $1,432,601,373 $619,749,600 $2,052,350,973
Total Nongeneral Fund Revenues
Available for Appropriation $27,264,230,489 $21,453,725,682 $48,717,956,171
Total Projected Revenues $43,897,342,770 $37,589,609,100 $81,486,951,870"


Explanation
(This amendment reflects the revenue adjustments encapsulated in the amendments to the appropriation act.)