Item 286 | First Year - FY2001 | Second Year - FY2002 |
|---|
|
|
| Investment, Trust, and Insurance Services (72500) | $6,906,683
$7,120,783 | $6,909,533
$7,258,765 |
| Bond Issuance Advisory Services (72501) | FY2001 $698,317
$912,417 | FY2002 $699,039
$1,048,271 |
| Insurance Services (72502) | FY2001 $3,117,237 | FY2002 $3,118,504 |
| Investment Services (72503) | FY2001 $3,091,129 | FY2002 $3,091,990 |
| Fund Sources: | | |
| General | FY2001 $3,605,836
$3,620,836 | FY2002 $3,607,277
$3,714,246 |
| Commonwealth Transportation | FY2001 $199,100 | FY2002 $242,263 |
| Trust and Agency | FY2001 $3,300,847 | FY2002 $3,302,256 |
Authority: Title 2.1, Chapter 14, Article 2, Code of Virginia.
A. The Department of the Treasury shall take into account the claims experience of each agency and institution when setting premiums for the general liability program.
B. The Department of the Treasury shall report to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees by September 1 its recommended general liability rates for state agencies during the following fiscal year. This report shall also include the basis for the department's recommendation.
C. In order to provide support for third-party consultant or legal services for transportation financing proposals, the Department of Transportation shall transfer to the Department of the Treasury appropriate funding for such services, as necessary.