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1998 Special Session I

Budget Bill - HB4001 (Introduced)

Board of the Virginia Higher Education Tuition Trust Fund

Item 571.10

Item 571.10

First Year - FY1999Second Year - FY2000
Investment, Trust, and Insurance Services (72500)sum sufficient

A. Amounts for Investment Services cover variable or unpredictable cost of the agency, estimated at $1,377,560 the first year and $1,452,310 the second year, to be funded from nongeneral funds pursuant to § 23-38.76, Code of Virginia.


B. Amounts for Payments to Institutions of Higher Education represent the payment of benefits to post-secondary educational institutions on behalf of program participants, estimated at $75,000 the second year, to be funded from nongeneral funds pursuant to § 23-38.76, Code of Virginia.