2011 Session

Budget Amendments - SB800 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Governor McDonnell
Adjustments-Changed Retirement Rate Assumptions (language only)

Item 3-1.01 #2g

Item 3-1.01 #2g

Interfund Transfers

Page 460, line 28, strike "$18,201,242" and insert "$4,357,289".

(This amendment reduces cash transfers associated with the savings from the five percent employee retirement contribution and the related state employee salary increase. Assumption adjustments used to calculate the savings amounts are included in a companion amendment to Item 469. This amendment, along with companion amendments to Item 469 and to the front page of the budget bill, result in a combined $3.8 million decrease in general fund resources.)