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2010 Session

Budget Amendments - HB30 (Floor Approved)

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Retain General Fund Savings (language only)

Item 3-1.01 #4h

Item 3-1.01 #4h

Transfers
Interfund Transfers

Language
Page 372, line 23, strike "Infrastructure Technology" and insert:
"Technology Infrastructure".
Page 372, line 24, after "Fund.", strike remainder of line.
Page 372, line 25, strike "transfer to the Virginia Infrastructure Technology Fund."
Page 372, line 26, strike "$1,690,604" and insert "$1,520,604."


Explanation
(This amendment corrects the title of the fund to which general fund savings from durable medical equipment are being transferred. In addition, it eliminates the transfer of general fund savings to the Productivity Investment Fund. Due to the elimination of the transfer of general fund savings to the Productivity Investment Fund, first year transfers will be lower. The purpose of the remaining general fund savings transfers is to repay working capital advances provided by VITA's Enterprise Applications Division for updating the Commonwealth Accounting and Reporting System and the development of a new budgeting system.)