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2005 Session

Budget Bill - HB1500 (Introduced)

Virginia Information Technologies Agency

Item 468

Item 468

First Year - FY2005Second Year - FY2006
Executive Management (71300)$0-$1,644,000
Savings From Management Actions (71301)FY2005 $0FY2006 -$1,644,000
Fund Sources: 
GeneralFY2005 $0FY2006 -$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.