Item 468 | First Year - FY2005 | Second Year - FY2006 |
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|
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Executive Management (71300) | $0 | -$1,644,000 |
Savings From Management Actions (71301) | FY2005 $0 | FY2006 -$1,644,000 |
Fund Sources: | | |
General | FY2005 $0 | FY2006 -$1,644,000 |
Authority: Discretionary Inclusion.
The Chief Information Officer, Virginia Information Technologies Agency, shall take all necessary action and shall provide information to the Director, Department of Planning and Budget, to withhold from agency appropriations general and nongeneral fund amounts for savings resulting from information technology and telecommunications operating efficiencies. The Department of Planning and Budget is hereby authorized to reduce the general fund appropriation of each agency and institution in the Executive Department, as contained in Part 1 of this act by an amount determined by the Virginia Information Technologies Agency to be each agency's share of savings. The general fund amount, estimated at $1,644,000 the second year, shall be transferred to this Item. The nongeneral fund amount, estimated at $3,466,000 the second year, shall be transferred to the general fund by the State Comptroller pursuant to the provisions of § 3-1.01 of this act. All funds from the Virginia Retirement System and federal sources are excluded from these transfers.