Item 473 | First Year - FY2011 | Second Year - FY2012 |
|---|---|---|
| Miscellaneous Reversion Clearing Account (22600) | -$266,987 | -$266,987 |
| Designated Reversions From Agency Appropriations (22601) | FY2011 -$266,987 | FY2012 -$266,987 |
| Fund Sources: | ||
| General | FY2011 -$266,987 | FY2012 -$266,987 |
Authority: Discretionary Inclusion.
A. The Director, Department of Planning and Budget shall withhold and transfer to this Item, amounts estimated at $80,632 the first year and $80,632 the second year, from the general fund appropriations of state agencies and institutions of higher education, representing savings resulting from reductions in rates charged to agencies serviced under the Master Lease plan administered by the Division of Real Estate Services of the Department of General Services.
B.1. The Director, Department of Planning and Budget shall withhold and transfer to this Item, amounts estimated at $186,355 the first year and $186,355 the second year, from the general fund appropriations of state agencies and institutions of higher education, representing savings resulting from a reduction in the rate charged to agencies for purchases made under the statewide purchase and supply system administered by the Department of General Services.
2. Pursuant to § 3-1.01 of this act, amounts estimated at $164,885 the first year and $164,885 the second year shall be transferred from eligible nongeneral fund accounts to the general fund, representing nongeneral fund savings associated with the reduction in the rate charged to agencies for purchases made under the statewide purchase and supply system administered by the Department of General Services.