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2006 Special Session I

Budget Bill - HB5003 (Introduced)

Department of General Services

Item C-1.10

Item C-1.10 (Not set out)

Improvements: State Capitol Renovation and Southern Extension (16881)


Authority:


 

GF

NGF

Total

Chapter 955 (2003)

$68,020,000

$5,972,000

$73,992,000

Changes Authorized in

 

 

 

   Chapter 897 (2004)

$15,031,000

$7,853,000

$22,884,000

Total Authorization

$83,051,000

$13,825,000

$96,876,000


The total appropriation of $96,876,000 for renovation and southern extension of the Capitol includes:


Renovation of

 

Capitol Building and Southern Extension

$89,331,333

Equipment

 

House

$2,450,000

Senate

$2,214,667

Furnishings

 

House

$1,600,000

Senate

$1,200,000

Governor

$80,000

Total

$96,876,000


The Department of Accounts shall advance $13,151,217 to the Department of General Services in anticipation of revenues to be received for the completion of the renovation and extension of the Capitol.  These funds shall be used to finance the nongeneral fund authority for the cost of renovation, landscaping, furnishings, fixtures and equipment authorized in Chapter 897 of the 2004 Acts of Assembly.  This revenue anticipation note may be repaid in whole or in part, without interest, at any time from grants, private donations, a general fund appropriation, Virginia Public Building Authority bonds, or such other sources as may be available from the income of the Capitol Square Preservation Foundation.