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2024 Session

Budget Amendments - SB30 (Committee Approved)

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Front Page Adjustments (language only)

Item 0 #1s

Item 0 #1s

Revenues
Revenues

Language

Page 1, strike lines 3-8, and insert:


"A BILL for all appropriations of the Budget submitted by the Governor of Virginia in accordance with the provisions of § 2.2-1509, Code of Virginia, and to provide a portion of the revenues for the two years ending respectively on the thirtieth day of June, 2025, and the thirtieth day of June, 2026, and a BILL to amend the first enactment of 2019 Acts of Assembly, Chapter 808; amend and reenact §§ 58.1-602, 58.1-603, as it is currently effective and as it may become effective, 58.1-609.5, 58.1-609.11, 58.1-612, 58.1-623, 58.1-648 and§ 58.1-1802.1 of the Code of Virginia."


Page 1, strike lines 22-29, and insert:"                                

                                                                                                      

                                                        

First Year

Second Year

Total

Unreserved Beginning Balance

$2,468,409,469

$0

$2,468,409,469

Additions to Balance

($500,000)

($500,000)

($1,000,000)

Official Revenue Estimates

$28,958,800,000

$31,245,400,000

$60,204,200,000

Transfer

$1,350,966,061

$1,539,873,648

$2,890,839,709

Total General Fund Resources

Available for Appropriation  

$32,777,675,530

$32,784,773,648

$65,562,449,178"


Page 1, strike lines 31-41, and insert:"

                                                                

                                                                        

                                                                        

First Year

Second Year

Total

Balance, June 30, 2024

$12,189,205,926

$0

$12,189,205,926

Official Revenue Estimates

$50,123,929,923

$52,288,657,583

$102,412,587,506

Lottery Proceeds Fund

$877,926,204

$852,926,201

$1,730,852,405

Internal Service Fund

$2,547,892,953

$2,613,216,074

$5,161,109,027

Bond Proceeds

$219,281,595

$312,907,180

$532,188,775

Total Nongeneral Fund Revenues

Available for Appropriations

$65,958,236,601

$56,067,707,038

$122,025,943,639

TOTAL PROJECTED REVENUES

$98,735,912,131

$88,852,480,686

$187,588,392,817"




Explanation

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