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2022 Session

Budget Amendments - HB30 (Floor Approved)

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Realign Capital Priorities- Higher Education Construction Pool

Item C-75 #1h

Item C-75 #1h

First Year - FY2023 Second Year - FY2024
Central Appropriations
Central Capital Outlay FY2023 $471,709,611 FY2024 ($500,000,000) GF

Language
Page 544, line 7, strike "$423,948,000" and insert "$895,657,611".
Page 544, line 7, strike "$519,266,000" and insert "$19,266,000".

Page 544, line 10, strike "413,948,000" and insert "$895,657,611".

Page 544, line 11, after "the first year and" strike the remainder of the line.

Page 544, strike lines 17 and 18.

Page 544, strike lines 26 through 29.

Page 544, strike lines 32 through 37.

Page 544, strike lines 40 through 50.

Page 544, after line 18, insert:

"208

Virginia Polytechnic Institute and State University

Replace Randolph Hall

"213

Norfolk State University

Construct Preschool Academy".

Page 544, after line 19, insert:

"215

University of Mary Washington

Construct Fine and Performance Arts Center".

Page 544, after line 50, insert:

"B. In addition to the appropriation authorized by this item, the Director, Department of Planning and Budget, shall transfer unutilized Virginia College Building Authority (VCBA) bond authorization and appropriation from the projects listed below, in the amounts shown, to this project for funding the projects listed in paragraph A:


Agency No.

Project No.

Initial Authorization

Amount

207

18348

Items 478.20 and C-52.10, Chapter 780, 2016 Acts of Assembly

$16,882,776".



Explanation

(This amendment reallocates funding in the higher education capital pool to move all allocations to the first year. Additionally, this amendment reprioritizes authorization to include three projects that were previously planned and defer projects for which planning still needs to occur.)