Item 434 | First Year - FY2021 | Second Year - FY2022 |
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State Aircraft Flight Operations (65600) | $2,958,246 | $2,958,246 |
State Aircraft Operations and Maintenance (65602) | FY2021 $2,958,246 | FY2022 $2,958,246 |
Fund Sources: | | |
General | FY2021 $30,246 | FY2022 $30,246 |
Commonwealth Transportation | FY2021 $2,928,000 | FY2022 $2,928,000 |
Authority: Title 5.1, Chapter 1, Code of Virginia.
Pursuant to § 5.1-4 of the Code of Virginia, the Department of Aviation is authorized to purchase a jet aircraft using Aviation Special Funds to replace one existing King Air 350 aircraft. The department is directed to either trade-in or sell the King Air 350 aircraft to reduce financing requirements. Any proceeds related to a sale of the King Air 350 shall be retained by the department and used toward this purchase.