Open work item in PB work tray
None
Central Capital Outlay (949)
Request Title CO - Change CCAM/Centers of Excellence Language - Previous Bond Authorization
Project Code None
Project Type None
Biennium 2016-2018
Budget Round Amended Bill
Facility None
Source General Assembly Adjustment
Infrastructure Element None
Budget Bullet

The language in this amendment changes previous stipulations related to the Commonwealth Center for Advanced Manufacturing's ability to use $25.0 million in state bond proceeds related to receiving a matching federal grant for the purpose of the creation of Regional Centers of Excellence. This amendment allows the bond proceeds to be used to support existing and future Regional Centers of Excellence and allows the Virginia Economic Development Partnership to certify the allowance of in-kind contributions instead of a matching federal grant. In-kind donations shall not exceed more than 40 percent of the total required match.

Project Funding
Fund Type FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
GF $0 $0 $0 $0 $0 $0
NGF $0 $0 $0 $0 $0 $0
9C Debt $0 $0 $0 $0 $0 $0
9D Debt $0 $0 $0 $0 $0 $0
Tax Supported Debt $0 $0 $0 $0 $0 $0
Total $0 $0 $0 $0 $0 $0


p3_capview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 07:17:25