Item 488 | First Year - FY2017 | Second Year - FY2018 |
|---|
|
|
| Administrative and Support Services (79900) | $25,593,353 | $24,359,984 |
| General Management and Direction (79901) | FY2017 $10,805,401 | FY2018 $11,083,552 |
| Investment, Trust and Related Services for Virginia529 prePAID Program (79950) | FY2017 $5,873,959 | FY2018 $5,903,259 |
| Trust and Related Services for Virginia529 inVEST Program and other Higher Education Savings Programs (79951) | FY2017 $6,086,155 | FY2018 $6,115,455 |
| Investment, Trust and Related Services for Achieving a Better Life Experience (ABLE) Program (79952) | FY2017 $2,827,838 | FY2018 $1,257,718 |
| Fund Sources: | | |
| Enterprise | FY2017 $25,593,353 | FY2018 $24,359,984 |
Authority: Title 23, Chapter 4.9, Code of Virginia.
A. Out of the amounts appropriated to this Item, $650,000 the first year and $650,000 the second year from nongeneral funds are designated for a comprehensive compensation plan to link pay to performance.
B. Amounts for Investment, Trust and Related Services cover variable or unpredictable costs of the Virginia529 prePAID Program, estimated at $5,873,959 the first year and $5,903,259 the second year, from nongeneral funds pursuant to § 23-38.76, Code of Virginia.
C. Amounts for Investment, Trust and Related Services cover variable and unpredictable costs of the Virginia529 inVEST Program and other higher education savings programs, estimated at $6,086,155 the first year and $6,115,455 the second year, from nongeneral funds pursuant to § 23-38.76, Code of Virginia.