State Corporation Commission [171]
Secretarial Area: Independent Agencies
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 $0 $88,200,490 $88,200,490
2010-2012 2012 Chapter 2, 2012 Acts of Assembly $0 $88,250,490 $88,250,490
2012-2014 2013 Chapter 1, 2014 Acts of Assembly $200,000 $89,411,603 $89,611,603
2012-2014 2014 Chapter 1, 2014 Acts of Assembly $1,200,000 $89,498,603 $90,698,603
2014-2016 2015 Chapter 732, 2016 Acts of Assembly $1,200,133 $94,411,603 $95,611,736
2014-2016 2016 Chapter 732, 2016 Acts of Assembly $200,446 $94,411,603 $94,612,049
2016-2018 2017 Chapter 780, 2016 Appropriation Act $201,256 $99,190,592 $99,391,848
2016-2018 2017 Base Budget $1,200,446 $94,411,603 $95,612,049
2016-2018 2017 Governor's Amendments ($999,190) $778,989 ($220,201)
2016-2018 2017 General Assembly Adjustments $0 $4,000,000 $4,000,000
2016-2018 2018 Chapter 780, 2016 Appropriation Act $201,292 $99,195,742 $99,397,034
2016-2018 2018 Base Budget $1,200,446 $94,411,603 $95,612,049
2016-2018 2018 Governor's Amendments ($999,154) $784,139 ($215,015)
2016-2018 2018 General Assembly Adjustments $0 $4,000,000 $4,000,000
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly 0.00 665.00 665.00
2010-2012 2012 Chapter 2, 2012 Acts of Assembly 0.00 665.00 665.00
2012-2014 2013 Chapter 1, 2014 Acts of Assembly 4.00 665.00 669.00
2012-2014 2014 Chapter 1, 2014 Acts of Assembly 13.00 665.00 678.00
2014-2016 2015 Chapter 732, 2016 Acts of Assembly 13.00 665.00 678.00
2014-2016 2016 Chapter 732, 2016 Acts of Assembly 0.00 665.00 665.00
2016-2018 2017 Chapter 780, 2016 Appropriation Act 0.00 665.00 665.00
2016-2018 2017 Base Budget 13.00 665.00 678.00
2016-2018 2017 Governor's Amendments (13.00) 0.00 (13.00)
2016-2018 2017 General Assembly Adjustments 0.00 0.00 0.00
2016-2018 2018 Chapter 780, 2016 Appropriation Act 0.00 665.00 665.00
2016-2018 2018 Base Budget 13.00 665.00 678.00
2016-2018 2018 Governor's Amendments (13.00) 0.00 (13.00)
2016-2018 2018 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes in state employee retirement rates to 80 percent of the Virginia Retirement System Board certified rates budgeted in Central Appropriations, Item 467 H. of Chapter 665, 2015 Acts of Assembly. A companion adjustment provides funding to increase state employee retirement rates to 90 percent of the Virginia Retirement System Board certified rate.
 
  FY FY
Nongeneral Fund $1,514,837 $1,514,837
•
Adjust appropriation for the centrally funded two percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the two percent salary increase for state employees budgeted in Central Appropriations, Item 467 P. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $1,045,267 $1,045,267
•
Adjust appropriation to accelerate the employer retirement contribution phase in schedule Base Budget Adjustment
  Adjusts appropriation for changes in employee retirement rates to 90 percent of the Virginia Retirement System Board certified rate budgeted in Central Appropriations, Item 467 U. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $820,608 $820,608
•
Adjust appropriation for the centrally funded compression pay adjustment for state employees Base Budget Adjustment
  Adjusts appropriation for the compression pay adjustment for state employees budgeted in Central Appropriations, Item 467 Q. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $731,682 $731,682
•
Adjust appropriation for centrally funded health insurance costs Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 467 G. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $512,184 $512,184
•
Adjust appropriation for centrally funded state employee other post employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes in state employee other post employment benefit rates budgeted in Central Appropriations, Item 467 K.3. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $59,410 $59,410
•
Reduce Public Service Company Fees and Taxes appropriation Decision Package
  Adjusts the appropriation based on the agency's historical expenditures. This amendment is technical in nature.
 
  FY FY
Nongeneral Fund ($3,000,000) ($3,000,000)
•
Continue functions of the Federal Health Benefit Exchange Decision Package
  Reduces general fund support and eliminates vacant positions. The commission received $1.2 million general fund support to operate the Federal Health Benefit Exchange authorized in Chapter 670 of the Acts of Assembly of 2013. This amendment also eliminates language requiring the commission to reimburse the general fund with funds received from the U.S. Department of Health and Human Services. The remaining general fund appropriation will support the agency's current employees who review insurance plans under the Affordable Care Act.
 
  FY FY
General Fund ($1,000,000) ($1,000,000)
Positions (13.00) (13.00)
•
Reduce Insurance Fees and Assessments appropriation Decision Package
  Adjusts the appropriation based on the agency's historical expenditures. This amendment is technical in nature.
 
  FY FY
Nongeneral Fund ($1,000,000) ($1,000,000)
•
Adjust appropriation for the costs of the new Cardinal financial system Decision Package
  Reflects the agency's share of the costs of the new Cardinal accounting system. The Department of Accounts allocates the yearly cost of the system to agencies based upon the number of transactions the agency completed in the previous fiscal year.
 
  FY FY
General Fund $828 $864
Nongeneral Fund $66,342 $69,221
•
Adjust appropriation to support workers' compensation premiums Decision Package
  Supports the agency's workers' compensation premiums based on the allocation of program costs provided by the Department of Human Resource Management. The allocation is based on the historical experience of the agency and reflects the current policy of providing agencies with 50 percent of any increased costs and allowing agencies to retain 50 percent of any reduced costs.
 
  FY FY
General Fund ($18) ($18)
Nongeneral Fund $28,659 $30,930
•
Adjust appropriation for the replacement of the Clerk's Information System Decision Package
  Transfers $554,333 from the Regulation of Public Utilities Program to the Regulation of Business Practices Program. The technical amendment will support the costs to replace the Clerk's Office mainframe.
•
Amend business filing fee language Decision Package
  Waives the initial $100 filing fee for businesses started by a student enrolled in a public Virginia college or university. This amendment supports one of the priorities of the Governor's Council on Youth Entrepreneurship, established through Executive Order 47.
•
Restore Public Service Company Fees and Taxes Appropriation General Assembly Adjustment
  This amendment restores appropriation for Public Service Company Fees and Taxes.
 
  FY FY
Nongeneral Fund $3,000,000 $3,000,000
•
Restore Insurance Fee and Assessment Appropriation General Assembly Adjustment
  This amendment restores appropriation for the Insurance Fee and Assessment Appropriation.
 
  FY FY
Nongeneral Fund $1,000,000 $1,000,000
•
Remove New Corporate Filing Fee Language General Assembly Adjustment
  This amendment removes new language included in the introduced budget waiving the $100 registration fee paid by all corporations for those businesses that have been started by a matriculated student at an authorized public Virginia institution of higher education.


p3_bullets - Official Enacted Budget - 11-02-2026 13:22:54