Menu
1997 Session

Budget Bill - SB700 (Introduced)

View Item amendments

Department of Business Assistance

Item 97.10

Item 97.10

First Year - FY1997Second Year - FY1998
Industrial Development Services (53400)$14,774,427$17,006,955
Community and Business Assistance (53401)FY1997 $5,541,760FY1998 $5,662,428
Industrial Employee Training (53403)FY1997 $9,232,667FY1998 $10,446,667
Other Services (53499)FY1997 $0FY1998 $897,860
Fund Sources:  
GeneralFY1997 $12,498,574FY1998 $14,680,934
SpecialFY1997 $315,750FY1998 $315,750
Dedicated Special RevenueFY1997 $100,000FY1998 $100,000
Federal TrustFY1997 $1,860,103FY1998 $1,910,271

Authority: Title 2.1, Chapter 32.2, Code of Virginia, and Discretionary Inclusion.


A. Out of the amounts in this item shall be provided $50,000 the first year and $50,000 the second year from the general fund for the establishment of a small business development center in Alexandria, Virginia. Funding is also provided for the establishment of a small business development center in Martinsville.


B. Out of this item $250,000 the first year and $250,000 the second year from the general fund shall be transferred to the fiscal agent for Virginia's Region 2000, to establish an Industrial/Technology Training Facility and Program and to conduct a workforce skills analysis for the area to address current and projected employment training and development needs.