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2014 Special Session I

Budget Amendments - SB5003 (Committee Approved)

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Maintenance Reserve

Item C-41 #1s

Item C-41 #1s

First Year - FY2015 Second Year - FY2016
Central Appropriations
Central Capital Outlay FY2015 $13,500,000 FY2016 $13,500,000 NGF

Language
Page 432, line 12, strike "$61,500,000" and insert "$75,000,000".
Page 432, line 12, strike "$61,500,000" and insert "$75,000,000".
Page 434, strike lines 10 through 15.
Page 434, after line 30, insert:
"J. The Frontier Culture Museum may use its first-year maintenance reserve allocation to pave the loop roads, paths, and parking lots at the museum.
K.  1. Any balances remaining from the maintenance reserve allocation identified in this item for the Jamestown-Yorktown Foundation shall not revert to the general fund at the end of the fiscal year, but shall be brought forward and made available to the Jamestown-Yorktown Foundation for the purposes of the maintenance reserve program in the subsequent fiscal year.
2. Any balances remaining from the maintenance reserve allocation identified in this item for the Virginia Museum of Fine Arts shall not revert to the general fund at the end of the fiscal year, but shall be brought forward and made available to the Virginia Museum of Fine Arts for the purposes of the maintenance reserve program in the subsequent fiscal year.
L. The Jamestown-Yorktown Foundation may utilize its annual maintenance reserve allocation to restore, repair or renew exhibits."


Explanation
(This amendment provides additional maintenance reserve funding. It is the intent of the General Assembly that the amounts for individual agencies and institutions be adjusted proportionally during final enrolling of the budget.)