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2018 Special Session I

Budget Amendments - HB5002 (Senate Committee Approved)

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SCHEV - TAG Transfer Funds Between Years

Item 141 #1s

Item 141 #1s

First Year - FY2019 Second Year - FY2020
Education
State Council of Higher Education for Virginia FY2019 $1,000,000 FY2020 ($1,000,000) GF

Language
Page 150, line 33, strike "$82,487,332" and insert "$83,487,332".
Page 150, line 33, strike "$84,608,559" and insert "$83,608,559".

Page 151, line 1, strike "$65,812,665" and insert "$66,812,665".

Page 151, line, strike "$67,598,303" and insert "$66,598,303".

Page 151, line 15, strike "$3,350" and insert $3,300".



Explanation

(This amendment transfers funding of $1.0 million GF from the second year to the first year in an effort to maintain award levels. Enrollment growth in the program will result in prorated awards in the first year without this transfer of funds. The amendment also maintains maximum award levels at $3,300 per year.)