Virginia Port Authority [407]
Secretarial Area: Transportation
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 $950,000 $86,584,122 $87,534,122
2010-2012 2012 Chapter 2, 2012 Acts of Assembly $950,000 $135,234,122 $136,184,122
2012-2014 2013 Chapter 1, 2014 Acts of Assembly $950,000 $142,042,956 $142,992,956
2012-2014 2014 Chapter 1, 2014 Acts of Assembly $1,950,000 $145,242,956 $147,192,956
2014-2016 2015 Chapter 732, 2016 Acts of Assembly $950,193 $167,090,761 $168,040,954
2014-2016 2016 Chapter 732, 2016 Acts of Assembly $950,227 $185,142,809 $186,093,036
2016-2018 2017 Chapter 780, 2016 Appropriation Act $1,000,000 $201,066,439 $202,066,439
2016-2018 2017 Base Budget $950,227 $185,142,809 $186,093,036
2016-2018 2017 Governor's Amendments $1,999,773 $15,923,630 $17,923,403
2016-2018 2017 General Assembly Adjustments ($1,950,000) $0 ($1,950,000)
2016-2018 2018 Chapter 780, 2016 Appropriation Act $1,000,000 $200,886,514 $201,886,514
2016-2018 2018 Base Budget $950,227 $185,142,809 $186,093,036
2016-2018 2018 Governor's Amendments $1,999,773 $15,743,705 $17,743,478
2016-2018 2018 General Assembly Adjustments ($1,950,000) $0 ($1,950,000)
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly 0.00 146.00 146.00
2010-2012 2012 Chapter 2, 2012 Acts of Assembly 0.00 146.00 146.00
2012-2014 2013 Chapter 1, 2014 Acts of Assembly 0.00 146.00 146.00
2012-2014 2014 Chapter 1, 2014 Acts of Assembly 0.00 146.00 146.00
2014-2016 2015 Chapter 732, 2016 Acts of Assembly 0.00 146.00 146.00
2014-2016 2016 Chapter 732, 2016 Acts of Assembly 0.00 215.00 215.00
2016-2018 2017 Chapter 780, 2016 Appropriation Act 0.00 215.00 215.00
2016-2018 2017 Base Budget 0.00 215.00 215.00
2016-2018 2017 Governor's Amendments 0.00 0.00 0.00
2016-2018 2017 General Assembly Adjustments 0.00 0.00 0.00
2016-2018 2018 Chapter 780, 2016 Appropriation Act 0.00 215.00 215.00
2016-2018 2018 Base Budget 0.00 215.00 215.00
2016-2018 2018 Governor's Amendments 0.00 0.00 0.00
2016-2018 2018 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
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 $126,674 $126,674
•
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 $88,673 $88,673
•
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 $47,683 $47,683
•
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 $22,066 $22,066
•
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 $9,351 $9,351
•
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 $3,816 $3,816
•
Adjust appropriation for the centrally funded increase in internal service fund costs due to salary adjustments Base Budget Adjustment
  Adjusts appropriation to agencies to offset increases in internal service fund costs due to the salary and benefit adjustments in Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $13 $13
•
Adjust appropriation for changes in information technology costs Base Budget Adjustment
  Adjusts appropriation for the changes in information technology costs budgeted in Central Appropriations, Items 468.M. and 470.B. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
Nongeneral Fund $10 $10
•
Pay rent for capital lease Decision Package
  Provides additional Commonwealth Port Fund appropriation to be used to make lease payments associated with the Virginia International Gateway.
 
  FY FY
Nongeneral Fund $10,000,000 $10,000,000
•
Provide appropriation for rent increase Decision Package
  Provides appropriation for an increase in Virginia International Gateway rent relating to increases in volume rent and the Consumer Price Index per lease agreement.
 
  FY FY
Nongeneral Fund $1,500,000 $3,000,000
•
Fund Port of Virginia Economic and Infrastructure Development Zone Grant Decision Package
  Provides funding for the grant program that incentivizes companies to locate new maritime-related employment centers or expand existing centers in localities statewide in order to encourage and facilitate the growth of the Port of Virginia.
 
  FY FY
General Fund $2,000,000 $2,000,000
•
Adjust debt service Decision Package
  Adjusts debt service payments to reflect actual appropriation required after refunding of debt in FY 2015.
 
  FY FY
Nongeneral Fund $2,670,344 $165,419
•
Provide appropriation for information technology positions Decision Package
  Provides appropriation to support a total of eight information technology positions to address desktop support, applications, system administration, programming and customs needs.
 
  FY FY
Nongeneral Fund $410,000 $990,000
•
Increase maintenance and operations of ports and facilities Decision Package
  Provides operating and maintenance funding for new facilities brought into service and as well as for existing facilities.
 
  FY FY
Nongeneral Fund $500,000 $500,000
•
Address increased security costs Decision Package
  Provides appropriation for increasing security expenditures. Due to the reopening of Portsmouth Marine Terminal and increased container volume, contracted security costs are expected to rise, including adjustments to contracts for inflation.
 
  FY FY
Nongeneral Fund $360,000 $540,000
•
Add equipment and software applications Decision Package
  Provides appropriation for routine hardware/software and security applications.
 
  FY FY
Nongeneral Fund $120,000 $120,000
•
Increase payments-in-lieu of taxes Decision Package
  Adjusts appropriation to reflect an expected increase in payments-in-lieu of taxes.
 
  FY FY
Nongeneral Fund $65,000 $130,000
•
Remove funding inadvertently provided to Port Authority Decision Package
  Removes general fund support inadvertently provided to the Port Authority in the 2014-16 biennium related to the state budgeting and accounting systems.
 
  FY FY
General Fund ($227) ($227)
•
Port Economic Development Zone Grant Fund General Assembly Adjustment
  This amendment directs that up to $2.0 million from the Commonwealth Opportunity Fund in each year may be provided to meet any commitments authorized from the Port of Virginia Economic and Infrastructure Development Zone Grant Fund.
 
  FY FY
General Fund ($2,000,000) ($2,000,000)
•
Port PILOT Payments General Assembly Adjustment
  This amendment increases general fund support for payments in lieu of taxes to Port of Virginia host cities to the fiscal year 2013 level.
 
  FY FY
General Fund $50,000 $50,000
•
Adjust language related to Ports debt service cap General Assembly Adjustment
  This amendment adds language allowing the Governor to approve the Port Authority to exceed the $45 million debt service cap if the capital lease with the Virginia International Gateway (VIG) Terminal in Portsmouth, Virginia, is executed. The budget has existing language limiting the total amount of debt service paid by the Port Authority to $45 million annually. It is anticipated that the new lease agreement related to the VIG Terminal will result in the agency surpassing the $45 million cap. Chapter 665, 2015 Acts of Assembly, allows the Port Authority to enter into a new lease agreement related to the VIG Terminal.
•
Craney Island Study to Include Rail Along I-664 General Assembly Adjustment
  This amendment directs the VPA to include phase 2 of the feasibility study for Phase 2 of the Commonwealth Railway Mainline Safety Relocation Project as part of its long-range plan for the development of Craney Island. The terminal will be designed to serve super post-Panamax class vessels via a 50-feet navigation channel, direct interchange to the interstate highway system, and double-stack intermodal rail service. The terminal will be planned as a semi-automated operation, with a mix of manual and automated container handling equipment. The construction of Craney Island will increase container throughput on the west side of the Elizabeth River, away from the region s most congested tunnels and bridges, and in close proximity to rail facilities and distribution locations.
Capital Project Requests (in order of largest to smallest)
•
Enhance Norfolk International Terminals
  Provides funding to allow for expansion and improvements to the Norfolk International Terminals.
 
  FY FY
Tax Supported Debt $350,000,000 $0
•
Maintenance Reserve
  Adds appropriation to implement ongoing projects such as dredging, pavement, stormwater pond, fence, and fender maintenance.
 
  FY FY
Nongeneral Fund $3,000,000 $3,000,000
•
Remove Bonds
 
 
  FY FY
Nongeneral Fund ($350,000,000) $0


p3_bullets - Official Enacted Budget - 06-06-2025 13:58:22