Department of Small Business and Supplier Diversity [350]
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
2016-2018 2017 Chapter 1, 2018 Acts of Assembly $4,359,231 $2,501,331 $6,860,562
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $4,196,392 $3,001,439 $7,197,831
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $4,439,269 $2,899,301 $7,338,570
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $4,189,269 $2,574,301 $6,763,570
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $4,387,842 $2,642,807 $7,030,649
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $5,727,375 $2,642,807 $8,370,182
2022-2024 2023 Chapter 2, 2022 Acts of Assembly, Special Session 1 $5,892,398 $2,739,323 $8,631,721
2022-2024 2023 Base Budget $5,727,375 $2,642,807 $8,370,182
2022-2024 2023 Governor's Amendments $465,023 $96,516 $561,539
2022-2024 2023 General Assembly Adjustments ($300,000) $0 ($300,000)
2022-2024 2024 Chapter 2, 2022 Acts of Assembly, Special Session 1 $5,892,398 $2,739,323 $8,631,721
2022-2024 2024 Base Budget $5,727,375 $2,642,807 $8,370,182
2022-2024 2024 Governor's Amendments $465,023 $96,516 $561,539
2022-2024 2024 General Assembly Adjustments ($300,000) $0 ($300,000)
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Chapter 1, 2018 Acts of Assembly 26.00 24.00 50.00
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 26.00 24.00 50.00
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 26.00 24.00 50.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 26.00 24.00 50.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 40.00 24.00 64.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 45.00 24.00 69.00
2022-2024 2023 Chapter 2, 2022 Acts of Assembly, Special Session 1 45.00 24.00 69.00
2022-2024 2023 Base Budget 45.00 24.00 69.00
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 2, 2022 Acts of Assembly, Special Session 1 45.00 24.00 69.00
2022-2024 2024 Base Budget 45.00 24.00 69.00
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)
•
Adjust appropriation for centrally funded five percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the five percent salary increase for state employees budgeted in Central Appropriations, Item 477 X. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $110,373 $110,373
Nongeneral Fund $63,443 $63,443
•
Adjust appropriation for centrally funded changes to Human Resources Shared Service Center charges Base Budget Adjustment
  Adjusts appropriation for Human Resources Shared Service Center internal service fund charges budgeted in Central Appropriations, Item 478 K. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $36,747 $36,747
Nongeneral Fund $21,071 $21,071
•
Adjust appropriation for centrally funded changes to agency information technology costs Base Budget Adjustment
  Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 478 C. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($23,206) ($23,206)
Nongeneral Fund ($13,932) ($13,932)
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes to contribution rates for state employee retirement plans budgeted in Central Appropriations, Item 477 H. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $16,583 $16,583
Nongeneral Fund $9,532 $9,532
•
Adjust appropriation for centrally funded changes to agency rental costs Base Budget Adjustment
  Adjusts appropriation for changes to agency rental costs at the seat of government budgeted in Central Appropriations, Item 478 D. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $13,520 $13,520
Nongeneral Fund $10,021 $10,021
•
Adjust appropriation for centrally funded changes to state health insurance premiums Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 477 G. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $7,169 $7,169
Nongeneral Fund $5,023 $5,023
•
Adjust appropriation for centrally funded changes to Cardinal Human Capital Management System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Human Capital Management System internal service fund charges budgeted in Central Appropriations, Item 478 G. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $5,051 $5,051
Nongeneral Fund $2,896 $2,896
•
Adjust appropriation for centrally funded changes to Cardinal Financials System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 478 F. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($2,286) ($2,286)
Nongeneral Fund ($2,530) ($2,530)
•
Adjust appropriation for centrally funded general liability premium charges Base Budget Adjustment
  Adjusts appropriation for general liability premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 478 J. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $985 $985
Nongeneral Fund $822 $822
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 477 R. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $186 $186
Nongeneral Fund $214 $214
•
Adjust appropriation for centrally funded internal service fund charges for the Personnel Management Information System Base Budget Adjustment
  Adjusts appropriation for Personnel Management Information System internal service fund charges budgeted in Central Appropriations, Item 478 I. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($227) ($227)
Nongeneral Fund ($76) ($76)
•
Adjust appropriation for centrally funded state employee other post-employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes to state employee other post-employment benefit rates budgeted in Central Appropriations, Item 477 K. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $176 $176
Nongeneral Fund $100 $100
•
Adjust appropriation for centrally funded changes to Performance Budgeting system charges Base Budget Adjustment
  Adjusts appropriation for changes to Performance Budgeting system internal service fund charges budgeted in Central Appropriations, Item 478 H. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($48) ($48)
Nongeneral Fund ($68) ($68)
•
Automate disparity study implementation Decision Package
  Provides ongoing funding for annual licensing for diversity management software
 
  FY FY
General Fund $300,000 $300,000
•
Remove Funding for Contracting Software General Assembly Adjustment
  This amendment removes proposed funding of $300,000 in each year for the agency to purchase software to manage individual Small, Women, and Minority business (SWaM) goals for every state contract. The 2021 General Assembly provided $1.3 million to the agency to support a new office to manage SWaM goals on individual state contracts, and to source new SWaM vendors for state contracts.
 
  FY FY
General Fund ($300,000) ($300,000)
•
Convene Workgroup to Develop Clear SWaM Program Outcomes (language only) General Assembly Adjustment
  This amendment directs the Department of Small Business and Supplier Diversity to work in collaboration with the Department of General Services and other stakeholders to reevaluate and suggest a more meaningful performance metric for Virginia's SWaM program. This budget amendment has been evaluated by the Minority Business Commission, and builds on findings from JLARC.
•
Remove Outdated Language on Small Business Jobs Grant Fund (language only) General Assembly Adjustment
  This amendment removes an outdated reference to the Virginia Small Business Jobs Grant Fund, which was eliminated from the Code during the 2020 General Assembly.
•
Remove Outdated Transfer Authorization (language only) General Assembly Adjustment
  This amendment removes outdated transfer authorization language for the Virginia Small Business Financing Authority. The Virginia Small Business Growth Fund and Virginia Export Fund have been repealed, and interfund transfer language is no longer required for the one remaining fund, the Insurance or Guarantee Fund.
•
Update Small Business Investment Grant Program Dates (language only) General Assembly Adjustment
  This amendment updates the investment period for the Small Business Investment Grant Fund, which allows the Department of Small Business and Supplier Diversity to use the funds appropriated for the program.


p3_bullets - Official Enacted Budget - 11-08-2025 09:35:40