2024 Session

Budget Amendments - HB30 (Floor Approved)

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2024 Public Educational Institution Capital Account

Item C-50 #1h

Item C-50 #1h

First Year - FY2025 Second Year - FY2026
Central Appropriations
Central Capital Outlay FY2025 $191,372,090 FY2026 $0 GF
FY2025 $55,166,953 FY2026 $0 NGF

Page 556, line 31, strike "$80,082,985" and insert "$326,622,028".

Page 556, line 50, strike $70,527,745" and insert "$125,694,698".

Page 556, line 51, after "Authority", insert:

", $241,372,090 the first year from the general fund,".

Page 557, strike lines 4 through 19 and insert:


"Agency Code

Agency Title

Project Title


The College of William and Mary in Virginia

Renovate Historic Campus (18678)


The College of William and Mary in Virginia

Improve James Monroe's Highland


University of Virginia

Student Mental Health Improvements


Virginia Polytechnic Institute and State University

Repair Derring Hall Envelopes


Virginia Military Institute

Construct Moody Hall (18665)


Norfolk State University

Renovate/Replace Fine Arts Building (18543)


Longwood University

Replace Steam Distribution Systems to Four Campus Buildings


James Madison University

Improve East Campus Infrastructure Phase 3 (18738)


Virginia Cooperative Extension and Agricultural Experiment Station

Improve Center Woods Complex (18699)


Cooperative Extension and Agricultural Research Services

Renovate Summerseat for Urban Agriculture Center (18545)


Richard Bland College

Replace HVAC System for Statesman Hall


Christopher Newport University

Replaced Integrated Science Center Fume Hoods and Pressurization Valves and Controls


Christopher Newport University

Replace Plant Operations and Warehouse Building (18704)


Virginia Institute for Marine Science

Marine Operations Complex- Address Berthing Slip".

Page 557, after line 19, insert:

"C. The Director, Department of Planning and Budget, shall transfer to this item general fund in an amount not to exceed $50,000,000 from the balances of project 949-18587 (2022 State Agency Capital Account). The monies from this transfer shall be utilized to support construction costs for this project authorized for general fund by this item."


(This amendment provides $191.4 million general fund and $55.2 million in nongeneral fund bond proceeds the first year, as well as authorizes the transfer of $50.0 million in unutilized general fund balances from a prior capital outlay pool, all to support construction funding authorized by this item. The amendment also sets-out fourteen priority projects at public institutions of higher education in Virginia that are authorized to proceed to construction. The projects authorized by this amendment are either previously-approved for planning and ready to proceed to construction, or address targeted, short-term critical deferred maintenance needs.)