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2017 Session

Budget Amendments - HB1500 (Conference Report)

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VT - Technical VRS Rate Savings

Item 224 #1c

Item 224 #1c

First Year - FY2017 Second Year - FY2018
Education: Higher Education
Virginia Polytechnic Institute and State University FY2017 $4,110,195 FY2018 $2,740,130 GF

Language
Page 212, line 29, strike "$643,154,292" and insert "$647,264,487".
Page 212, line 29, strike "$669,241,910" and insert "$671,982,040".


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.)