Department of Accounts Transfer Payments [162]
Secretarial Area: Finance
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
2016-2018 2017 Chapter 1, 2018 Acts of Assembly $1,605,137,105 $564,665,529 $2,169,802,634
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $998,895,000 $556,707,398 $1,555,602,398
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $1,341,622,895 $557,930,925 $1,899,553,820
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $1,261,836,731 $585,961,960 $1,847,798,691
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $1,495,332,411 $588,180,330 $2,083,512,741
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $2,877,595,000 $588,400,824 $3,465,995,824
2022-2024 2023 Chapter 1, 2023 Acts of Assembly, Special Session 1 $2,358,113,028 $588,400,824 $2,946,513,852
2022-2024 2023 Previous Legislative Appropriation $2,108,113,028 $588,400,824 $2,696,513,852
2022-2024 2023 Governor's Amendments $250,000,000 $0 $250,000,000
2022-2024 2023 General Assembly Adjustments $0 $0 $0
2022-2024 2024 Chapter 1, 2023 Acts of Assembly, Special Session 1 $1,675,917,865 $588,400,824 $2,264,318,689
2022-2024 2024 Previous Legislative Appropriation $980,380,000 $588,400,824 $1,568,780,824
2022-2024 2024 Governor's Amendments $405,952,425 $0 $405,952,425
2022-2024 2024 General Assembly Adjustments $289,585,440 $0 $289,585,440
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Chapter 1, 2018 Acts of Assembly 0.00 1.00 1.00
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 0.00 1.00 1.00
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 0.00 1.00 1.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 0.00 1.00 1.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 1.00 1.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 1.00 1.00
2022-2024 2023 Chapter 1, 2023 Acts of Assembly, Special Session 1 0.00 1.00 1.00
2022-2024 2023 Previous Legislative Appropriation 0.00 1.00 1.00
2022-2024 2023 Governor's Amendments 0.00 0.00 0.00
2022-2024 2023 General Assembly Adjustments 0.00 0.00 0.00
2022-2024 2024 Chapter 1, 2023 Acts of Assembly, Special Session 1 0.00 1.00 1.00
2022-2024 2024 Previous Legislative Appropriation 0.00 1.00 1.00
2022-2024 2024 Governor's Amendments 0.00 0.00 0.00
2022-2024 2024 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Appropriate mandatory Revenue Stabilization Fund deposit Decision Package
  Provides the mandatory deposit to the Revenue Stabilization Fund in 2024, net of the amount deposited in the Revenue Reserve Fund as an advanced reservation. A separate amendment directs the State Comptroller to transfer the advanced reservation amount from the Revenue Reserve Fund to the Revenue Stabilization Fund.
 
  FY FY
General Fund $0 $405,952,425
•
Appropriate Virginia Retirement System deposit contingent on fiscal year 2022 revenue collection Decision Package
  Provides funding for a one-time lump sum payment to the Virginia Retirement System to reduce unfunded liabilities. This funding was contingently appropriated from 2022 actual revenue collections pursuant to Item 485 L., Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $250,000,000 $0
•
Authorize transfer of funds deposited to Revenue Reserve Fund as advanced reservation Decision Package
  Directs the State Comptroller to transfer $498.7 million from Revenue Reserve Fund to the Revenue Stabilization Fund. This amount was deposited in the Revenue Reserve Fund pursuant to Item 274 of Chapter 1, 2022 Acts of Assembly, Special Session I, as an advanced reservation for any Constitutionally-required deposits to the Revenue Stabilization Fund. A separate amendment appropriates the balance of the mandatory deposit.
•
Reverse Introduced Operating Budget Amendments (2023 Session HB 1400 Conference Action) General Assembly Adjustment
  This amendment reverses the operating budget amendments proposed in HB 1400 / SB 800 as introduced. The passage of the conference substitute to HB 1400 nullifies the introduced amendments. To reflect the General Assembly action, this amendment reverses the aggregate total of proposed introduced budget changes for this agency.
 
  FY FY
General Fund ($250,000,000) ($405,952,425)
•
HB1400 Conference Substitute - Revenue Stabilization Fund Deposit General Assembly Adjustment
  Provides the mandatory deposit to the Revenue Stabilization Fund in 2024, net of the amount deposited in the Revenue Reserve Fund as an advanced reservation. Language directs the State Comptroller to transfer the advanced reservation amount from the Revenue Reserve Fund to the Revenue Stabilization Fund.
 
  FY FY
General Fund $0 $405,952,425
•
2023 Special Session I Amendments: Revenue Reserve Deposit - FY 2023 Surplus General Assembly Adjustment
  Reserves funding for a statutorily-required deposit to the Revenue Reserve Fund.
 
  FY FY
General Fund $0 $289,585,440
•
HB1400 Conference Substitute - Retirement System Deposit General Assembly Adjustment
  Provides funding for a one-time lump sum payment to the Virginia Retirement System to reduce unfunded liabilities. This funding was contingently appropriated from 2022 actual revenue collections pursuant to Item 485 L., Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $250,000,000 $0


p3_bullets - Official Enacted Budget - 06-07-2025 04:23:43