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2015 Session

Budget Amendments - SB800 (Committee Approved)

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ISF Rate Review: Technical Correction (language only)

Item 4-5.03 #1s

Item 4-5.03 #1s

Special Conditions and Restrictions on Expenditures
Services and Clients

Language
Page 543, line 7, following "from" strike "the Department of Accounts" and insert "agencies that operate internal service funds".
Page 543, line 8, following "fund" strike "revenues, expenditures," and insert "overhead surcharge".
Page 543, line 15, following "a thorough review of" insert "overhead surcharge".
Page 543, line 20, following "Department of Planning and Budget" strike "." and insert "with assistance from agencies that operate internal service funds as requested.".
Page 543, line 21, following "billable" insert "overhead surcharge".
Page 543, line 29, following "fund" insert "overhead surcharge".
Page 543, line 34, following "all" strike "revenues, expenditures,".


Explanation
(This technical amendment clarifies that the Internal Service Fund rate review process and legislative approval process shall focus on overhead surcharges and not on technical cost recoveries which may be established through contractual agreements. The amendment represents the consensus opinion of the Departments of Planning and Budget, Accounts, and the Virginia Information Technologies Agency.)