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2017 Session

Budget Amendments - HB1500 (Conference Report)

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ODU - Technical VRS Rate Savings

Item 181 #1c

Item 181 #1c

First Year - FY2017 Second Year - FY2018
Education: Higher Education
Old Dominion University FY2017 $1,002,931 FY2018 $668,621 GF

Language
Page 186, line 10, strike "$274,420,097" and insert "$275,423,028".
Page 186, line 10, strike "$274,905,739" and insert "$275,574,360".


Explanation

(This amendment restores the proposed general fund reduction related to nongeneral savings associated with the prepayment made to the Virginia Retirement System in the 2016 Session. A companion amendment in Part 3 correctly reverts the nongeneral savings.)