Economic Development Incentive Payments [312]
Secretarial Area: Commerce and Trade
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
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Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly $49,995,436 $475,000 $50,470,436
2010-2012 2012 Chapter 2, 2012 Acts of Assembly $46,095,384 $375,000 $46,470,384
2012-2014 2013 Chapter 1, 2014 Acts of Assembly $54,451,745 $535,000 $54,986,745
2012-2014 2014 Chapter 1, 2014 Acts of Assembly $56,331,455 $1,175,000 $57,506,455
2014-2016 2015 Chapter 732, Caboose Bill $61,826,436 $250,000 $62,076,436
2014-2016 2015 Previous Legislative Appropriation $61,826,436 $250,000 $62,076,436
2014-2016 2015 Governor's Amendments $0 $0 $0
2014-2016 2015 General Assembly Adjustments $0 $0 $0
2014-2016 2016 Chapter 732, Caboose Bill $80,113,444 $250,000 $80,363,444
2014-2016 2016 Previous Legislative Appropriation $79,113,444 $250,000 $79,363,444
2014-2016 2016 Governor's Amendments $0 $0 $0
2014-2016 2016 General Assembly Adjustments $1,000,000 $0 $1,000,000
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly 0.00 0.00 0.00
2010-2012 2012 Chapter 2, 2012 Acts of Assembly 0.00 0.00 0.00
2012-2014 2013 Chapter 1, 2014 Acts of Assembly 0.00 0.00 0.00
2012-2014 2014 Chapter 1, 2014 Acts of Assembly 0.00 0.00 0.00
2014-2016 2015 Chapter 732, Caboose Bill 0.00 0.00 0.00
2014-2016 2015 Previous Legislative Appropriation 0.00 0.00 0.00
2014-2016 2015 Governor's Amendments 0.00 0.00 0.00
2014-2016 2015 General Assembly Adjustments 0.00 0.00 0.00
2014-2016 2016 Chapter 732, Caboose Bill 0.00 0.00 0.00
2014-2016 2016 Previous Legislative Appropriation 0.00 0.00 0.00
2014-2016 2016 Governor's Amendments 0.00 0.00 0.00
2014-2016 2016 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
Funding for Site Development for Regional Economic Development Project General Assembly Adjustment
  This amendment provides $1.0 million from the general fund for the Commonwealth Opportunity Fund. In addition, language allows the Governor to provide an additional $1.5 million from the Commonwealth Opportunity Fund to assist Botetourt County with site improvements related to the location of a major automotive supplier manufacturer in the Roanoke Valley Region, should the Governor deem it necessary and appropriate.
 
  FY FY
General Fund $0 $1,000,000


p3_bullets - Official Enacted Budget - 06-06-2025 14:05:45