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2017 Session

Budget Amendments - HB1500 (Floor Approved)

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UVA - Technical VRS Rate Savings

Item 196 #1h

Item 196 #1h

First Year - FY2017 Second Year - FY2018
Education
University of Virginia FY2017 $5,048,921 FY2018 $3,365,948 GF

Language
Page 193, line 32, strike "$627,364,297" and insert "$632,413,218".
Page 193, line 32, strike "$623,717,671" and insert "$627,083,619".


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.)