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2024 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Williams Graves
VIMS - Elizabeth River Sediment Clean Up

Item 148 #4s

Item 148 #4s

First Year - FY2025 Second Year - FY2026
Education: Higher Education
Virginia Institute of Marine Science FY2025 $0 FY2026 $3,750,000 GF

Language
Page 201, line 49, strike "$32,716,726" and insert "$36,466,726".

Page 203, after line 32, insert:

"Out of this appropriation, $3,750,000 the second year from the general fund is provided to support cleanup at Money Point in Chesapeake.  Any remaining balance at year-end shall be carried forward to the subsequent fiscal year for the purpose provided."



Explanation

(This amendment provides $3,750,000 the second year from the general fund to support a shovel-ready Corps of Engineers project to clean up one of the most contaminated sites in the Chesapeake, at Money Point in Chesapeake VA. $11.25 million has been appropriated in the federal budget and $3.75 million state funding is needed to complete the cleanup at this site. The project is a community priority which will help to improve the health of the Elizabeth River while also stimulating economic development around Money Point. Language specifies that any remaining shall be carried over to the next fiscal year.)