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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Hayes
VSU- Increase Maintenance Reserve

Item C-46 #5h

Item C-46 #5h

First Year - FY2025 Second Year - FY2026
Central Appropriations
Central Capital Outlay FY2025 $1,200,000 FY2026 $1,200,000 GF

Language
Page 551, line 6, strike "$404,000,000" and insert "$405,200,000".
Page 551, line 6, strike "$0" and insert "$1,200,000".

Page 551, line 8, strike "$404,000,000" and insert "$405,200,000".

Page 551, line 8, after "year", insert:

"and $1,200,000 the second year".

Page 551, line 10, after "FY 2025," insert "FY 2026".

Page 551, line 34, after "$7,648,841", insert $1,200,000".

Page 551, line 34, strike "$7,648,841" and insert "$8,848,841".

Page 554, after line 13, insert:

"D. Out of this appropriation, Virginia State University is authorized to use up to $1,200,000 the first year and $1,200,000 the second year from the general fund to address extremely critical deferred maintenance deficiencies in its facilities, including residence halls and dining facilities."



Explanation

(This amendment provides $1.2 million each year in supplemental maintenance reserve funding for Virginia State University to address critical deferred maintenance projects.)