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2023 Session

Budget Amendments - SB800 (Committee Approved)

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Front Page Adjustments (language only)

Item 0 #1s

Item 0 #1s

Revenues
Revenues

Language

Page 1, line 7, after "§§", strike.

Page 1, strike line 8 and insert:

"58.1-602, 58.1-605, 58.1-605.1, and 58.1-606.1 of the Code of Virginia.".

Page 1, strike lines 35 through 47.

Page 2 strike lines 1 through 17 and insert:



                                                                                        

First Year

Second Year

Total

Unreserved Beginning Balance

$4,733,050,478

$0

$4,733,050,478

$11,733,144,497

$0

$11,733,144,497

Additions to Balance

$1,440,246,365

($500,000)

$1,439,746,365

($3,820,489,883)

$536,481,737

($3,284,008,146)

Official Revenue Estimate

$24,871,345,500

$27,263,014,900

$52,134,360,400

$26,471,654,986

$27,791,525,006

$54,263,179,992

Transfer

$714,716,804

$733,205,420

$1,447,922,224

$752,675,766

$793,204,987

$1,545,880,753

Total General Fund  

$31,759,359,147

$27,995,720,320

$59,755,079,467

Resources Available for

Appropriation  

$35,136,985,366

$29,121,211,730

$64,258,197,096


The appropriations made in this act from nongeneral fund revenues are based upon the following:


                                                                                                                        

First Year

Second Year

Total

Balance, June 30, 2022

$8,383,240,878

$0

$8,383,240,878

$10,137,924,294

$0

$10,137,924,294

Official Revenue Estimates

$45,429,302,663

$45,043,705,919

$90,473,008,582

$48,415,655,980

$48,736,285,042

$97,151,941,022

Lottery Proceeds Fund

$784,671,715

$764,671,715

$1,549,343,430

$775,172,253

$769,009,545

$1,544,181,798

Internal Service Fund

$2,404,388,342

$2,413,968,065

$4,818,356,407

$2,404,388,342

$2,402,874,762

$4,807,263,104

Bond Proceeds

$157,296,000

$0

$157,296,000

$202,096,000

$53,620,000

$255,716,000

Total Nongeneral Fund

$57,158,899,598

$48,222,345,699

$105,381,245,297

Revenues Available for Appropriation

$61,935,236,869

$51,961,789,349

$113,897,026,218

TOTAL PROJECTED

$88,918,258,745

$76,218,066,019

$165,136,324,764

REVENUES

$97,072,222,235

$81,083,001,079

$178,155,223,314




Explanation

(This amendment modifies the front page to reflect changes to resources as adopted by the Senate Finance and Appropriations Committee.)