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2022 Session

Budget Amendments - SB30 (Floor Approved)

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Defease Bonds of the Central Virginia Training Center

Item 277 #2s

Item 277 #2s

First Year - FY2023 Second Year - FY2024
Finance
Department of the Treasury FY2023 $25,000,000 FY2024 $0 GF

Language
Page 279, line 15, strike "$54,760,083" and insert "$79,760,083".

Page 279, after line 6, insert:

"E. Included in the appropriation for this Item is an amount not to exceed $25,000,000 in the first year from the general fund for defeasance of all outstanding bonds of the Central Virginia Training Center."



Explanation

(This amendment provides up to $25 million GF in FY 2023 to defease all outstanding bonds associated with the Central Virginia Training Center.)