Open work item in PB work tray
Construct new academic facility, Innovation campus, Northern Virginia
Virginia Polytechnic Institute and State University (208)
Request Title Construct Innovation Campus
Project Code 18412
Project Type New Construction
Biennium 2020-2022
Budget Round Initial Bill
Facility Other
Source Capital Budget Request
Infrastructure Element 24
Budget Bullet

Provides 9(d) revenue bond authorization for this project originally authorized under Chapter 854, 2019 Acts of Assembly. The funding was split between Virginia College Building Authority (VCBA) bonds and private gift funding. The recommendation transfers $107 million in private gifts to $107 million in 9(d) revenue bond authorization. Student fees are not impacted by this change in fund source for the nongeneral fund appropriation..

Project Funding
Fund Type FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
GF $0 $0 $0 $0 $0 $0
NGF $0 $0 $0 $0 $0 $0
9C Debt $0 $0 $0 $0 $0 $0
9D Debt $107,000,000 $0 $0 $0 $0 $0
Tax Supported Debt $0 $0 $0 $0 $0 $0
Total $107,000,000 $0 $0 $0 $0 $0


p3_capview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 18:17:26