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