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
2016-2018 2017 Chapter 1, 2018 Acts of Assembly $1,000,000 $201,066,439 $202,066,439
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $1,000,000 $207,236,514 $208,236,514
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $1,000,000 $217,317,547 $218,317,547
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $1,000,000 $222,083,808 $223,083,808
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $0 $246,826,544 $246,826,544
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $0 $255,281,160 $255,281,160
2022-2024 2023 Chapter 2, 2022 Acts of Assembly, Special Session 1 $0 $280,355,992 $280,355,992
2022-2024 2023 Base Budget $0 $255,281,160 $255,281,160
2022-2024 2023 Governor's Amendments $2,000,000 $23,246,132 $25,246,132
2022-2024 2023 General Assembly Adjustments ($2,000,000) $1,828,700 ($171,300)
2022-2024 2024 Chapter 2, 2022 Acts of Assembly, Special Session 1 $0 $290,769,867 $290,769,867
2022-2024 2024 Base Budget $0 $255,281,160 $255,281,160
2022-2024 2024 Governor's Amendments $2,000,000 $34,646,132 $36,646,132
2022-2024 2024 General Assembly Adjustments ($2,000,000) $842,575 ($1,157,425)
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Chapter 1, 2018 Acts of Assembly 0.00 215.00 215.00
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 0.00 215.00 215.00
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 0.00 236.00 236.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 0.00 236.00 236.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 260.00 260.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 260.00 260.00
2022-2024 2023 Chapter 2, 2022 Acts of Assembly, Special Session 1 0.00 260.00 260.00
2022-2024 2023 Base Budget 0.00 260.00 260.00
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 0.00 260.00 260.00
2022-2024 2024 Base Budget 0.00 260.00 260.00
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)
•
Add appropriation for Economic and Infrastructure Development Fund Base Budget Adjustment
  Provides legislative appropriation to support expenditures from the Economic and Infrastructure Development Fund. To date, appropriation to support this Fund has been provided administratively.
 
  FY FY
Nongeneral Fund $2,000,000 $2,000,000
•
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
Nongeneral Fund $1,012,903 $1,012,903
•
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
Nongeneral Fund $34,265 $34,265
•
Adjust appropriation for centrally funded changes to Line of Duty Act premiums and enrollment Base Budget Adjustment
  Adjusts appropriation for Line of Duty Act premiums and enrollment changes budgeted in Central Appropriations, Item 477 Q. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
Nongeneral Fund $2,066 $2,066
•
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
Nongeneral Fund ($1,868) ($1,868)
•
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
Nongeneral Fund ($1,186) ($1,186)
•
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
Nongeneral Fund ($954) ($954)
•
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
Nongeneral Fund $656 $656
•
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
Nongeneral Fund $363 $363
•
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
Nongeneral Fund ($113) ($113)
•
Increase Master Equipment Lease borrowing and pay related debt service Decision Package
  Provides debt service appropriation related to the acquisition, through a master equipment lease program, of container handling equipment.
 
  FY FY
Nongeneral Fund $5,800,000 $11,600,000
•
Increase appropriation for estimated rent escalations Decision Package
  Provides additional appropriation required to meet the contractual commitments on the escalation requirements of the Virginia International Gateway lease.
 
  FY FY
Nongeneral Fund $5,400,000 $11,000,000
•
Issue bonds and pay related debt service Decision Package
  Provides debt service appropriation for enhancing and improving Norfolk International Terminal North.
 
  FY FY
Nongeneral Fund $7,000,000 $7,000,000
•
Add appropriation for Economic and Infrastructure Development Zone Grant Fund Decision Package
  Provides appropriation for grants to incentivize qualifying port users that are generating new jobs or expanding the number of jobs through their business.
 
  FY FY
General Fund $2,000,000 $2,000,000
•
Establish appropriation for prior year Economic Infrastructure Grant funding Decision Package
  Provides nongeneral fund appropriation for the Authority’s payment of grant funds for projects awarded in prior years.
 
  FY FY
Nongeneral Fund $2,000,000 $2,000,000
•
Waterway Maintenance Fund General Assembly Adjustment
  This amendment increases the transfer of general fund revenues to the Waterway Maintenance Fund by $2.5 million in each year to increase the availability of funds to support shallow-draft dredging projects and to support local municipal dredging to ensure Virginia s waterways remain safe and navigable to support the continued sustainability and growth of Virginia s seafood and the commercial watermen who contribute to the economies of coastal Virginia. In the first two years of the grant program, more than $50 million for dredging design, implementation and funding have been identified compared to the existing programmatic funding level of $1.5 million annually. A companion amendment to Part 3 increases the authorized transfer.
 
  FY FY
Nongeneral Fund $2,500,000 $2,500,000
•
Port Economic Development Zone Grant Funds General Assembly Adjustment
  This amendment removes $2.0 million from the general fund each year that is proposed for the Port Economic Development Zone Grant Funds and replaces it with authorization to utilize a like amount from the Commonwealth Development Opportunity Fund should appropriate projects eligible for these grants come available. The amendment restores the language to what was included in the 2020-22 biennium budget.
 
  FY FY
General Fund ($2,000,000) ($2,000,000)
•
Reflect Elimination of Sales Tax on Food General Assembly Adjustment
  This amendment reduces Commonwealth Transportation Fund revenues by $2.3 million from the nongeneral fund over the biennium to reflect the elimination of the state portion of sales tax levied on food for human consumption and personal hygiene products. While the general fund forecast was adjusted for this proposed policy change, the introduced budget did not make an explicit downward adjustment to Commonwealth Transportation Fund revenues. The conference report includes companion amendments to adjust funding across the Secretariat to reflect the tax reduction.
 
  FY FY
Nongeneral Fund ($671,300) ($1,657,425)
Capital Project Requests (in order of largest to smallest)
•
Enhance Norfolk International Terminals North
  Upgrades and modernizes the Northern portion of Norfolk International Terminals, allowing the Port to continue to position itself in such a way as to capture future increases in shipping volume, including surges, and maintain a service level that will attract cargo and commerce to the Commonwealth.
 
  FY FY
General Fund $266,000,000 $0
Nongeneral Fund $166,000,000 $0
•
Enhance and Strengthen Portsmouth Marine Terminal
  Supports infrastructure improvements throughout Portsmouth Marine Terminal to accommodate the handling and staging of large offshore wind components. This includes upgrades to the wharf to increase its load-bearing capacity, dredging to accommodate ships specific to carrying this equipment, and other improvements, as necessary.
 
  FY FY
Nongeneral Fund $192,000,000 $0
•
Expand Empty Yard
  Supports efforts required to keep facilities operating at optimum efficiency. Activities may include improvements to rail yards, paving for equipment operation, facility repairs and relocations, and various terminal equipment.
 
  FY FY
Nongeneral Fund $70,000,000 $75,000,000
•
Improve Cargo Handling Facilities
  Addresses numerous projects and miscellaneous equipment upgrades required to keep the facilities efficient and compliant to providing safe working conditions.
 
  FY FY
Nongeneral Fund $70,000,000 $75,000,000
•
Procure Container Handling Equipment
  Enables the agency to keep pace with technologies and equipment demands while fostering volume growth.
 
  FY FY
Nongeneral Fund $120,000,000 $0
•
Establish offshore wind turbine blade facility
  Supports the partnership with Siemens Gamesa to develop property at the Commonwealth’s Portsmouth Marine Terminal for a facility to produce turbine blades supplying offshore wind projects. The facility, combined with its operations and maintenance activities, will create a total of 310 new jobs, of which approximately 50 will be service jobs to support the Coastal Virginia Offshore Wind Project.
 
  FY FY
General Fund $17,000,000 $0
•
Virginia Port Authority - Remove Duplicative Funding for Offshore Wind Lease
  This amendment removes duplicative funding proposed for a project for which bond proceeds are already authorized. Pursuant to Item C-72 of Chapter 552, 2021 Acts of Assembly, Special Session I, bond proceeds were authorized in fiscal year 2021 to finance a project at the Portsmouth Marine Terminal (PMT) of the Virginia Port Authority consisting of the expansion, renovation, and improvement of infrastructure to support the location of a turbine and turbine generator manufacturing company at PMT, approved by the MEI Commission.
 
  FY FY
General Fund ($17,000,000) $0
•
Virginia Port Authority - Local Dredging Projects
  This amendment provides $5,000,000 in the first year from the general fund to the Virginia Port Authority to distribute for local shovel-ready shallow-draft dredging projects in specified localities.
 
  FY FY
General Fund $5,000,000 $0
•
Virginia Port Authority - Report
  This amendment requires a report to the Chairs of House Appropriations and Senate Finance and Appropriations Committees by the Virginia Port Authority detailing the salaries and total compensation for Virginia Port Authority staff.


p3_bullets - Official Enacted Budget - 11-02-2026 19:54:55