2010 Session

Budget Amendments - HB30 (Conference Report)

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Item 271 #2c

Item 271 #2c

First Year - FY2011 Second Year - FY2012
Treasury Board FY2011 $0 FY2012 ($8,334,167) GF

Page 170, line 35, strike "$632,566,758" and insert "$624,232,591".
Page 173, strike lines 2 through 12 and insert:"2. Out of the amounts for Debt Service Payments on Virginia College Building Authority Bonds shall be paid to the Virginia College Building Authority the following amounts for the payment of debt service on authorized bond issues to finance equipment: Series FY 2011  FY 2012 2006 $12,951,750 $02007B $18,775,750 $18,779,2502008A $8,231,750 $8,229,2502009D $9,049,150 $9,051,425Projected debt service & expenses $9,800,000 $18,134,167Subtotal Equipment $58,808,400 $45,859,925Total Service Area $185,530,090 $201,689,815."

(This amendment removes debt service included in the introduced budget for equipment leasing which is subject to the results of the debt capacity review to be conducted by the Secretary of Finance.)