C-13#1s (UVA/CW) UVA-W - Eliminate Debt Funded Umbrella Projects. SB30 - Committee Approved

State Budget

2024 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item C-13 #1s

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UVA-W - Eliminate Debt Funded Umbrella Projects

Item C-13 #1s

Item C-13 #1s	First Year - FY2025	Second Year - FY2026
Education: Higher Education
University of Virginia's College at Wise	FY2025 ($1,500,000)	FY2026 $0	NGF

Language
Page 544, line 34, strike "$1,500,000" and insert "$0".

Page 544, strike lines 32-37.

Explanation

(This amendment defers an umbrella maintenance reserve project with tax-supported bonds at UVA Wise. A companion amendment increases the central maintenance reserve allocations.)

Item C-13

Item C-13	First Year - FY2025	Second Year - FY2026
Improvements: Address Deferred Maintenance (18730)	$1,500,000	$0
Fund Sources:
Bond Proceeds	FY2025 $1,500,000	FY2026 $0