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State Budget

2020 Session

Budget Amendments - HB29 (Conference Report)

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CO - VT - Supplement Improve Student Wellness Facility

Item C-18 #1c

Item C-18 #1c

 First Year - FY2019 Second Year - FY2020
Education: Higher Education
Virginia Polytechnic Institute and State University FY2019 $0 FY2020 $9,500,000 NGF

Language
Page 222, line 1, strike "$0" and insert "$9,500,000".

Set out Item C-18.

Strike Item C-18 and insert:                                                                    

                              

                              

"Item C-18

First Year
FY2019

Second Year
FY2020

Improvements: Improve Student Wellness Facilities (18357)

$63,000,000

$9,500,000    

Fund Sources:

Higher Education Operating

$13,310,000

$0    

Bond Proceeds

$49,690,000

$9,500,000".

Explanation

(This amendment provides a supplement of $9.5 million in 9(d) revenue bond authority for the Improve Student Wellness Facilities project at Virginia Tech in fiscal year 2020. This authorization would bring the 9(d) revenue bond total to $59.2 million and the project total to $72.5 million. It is the intent of this amendment to update the 9(d) table in Item C-53 during the enrolling process).

The Budget Process

Amendment Resources

Committee Resources

  • Committee Website HAC | SFAC 
  • Legislation in Committee HAC | SFAC 

Budget Resources

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