Open work item in PB work tray
Central Maintenance Reserve
Central Capital Outlay (949)
Request Title Adjust Maintenance Reserve Allocations
Project Code 15776
Project Type None
Biennium 2022-2024
Budget Round Initial Bill
Facility NULL
Source General Assembly Adjustment
Infrastructure Element NULL
Budget Bullet

This amendment reallocates the allocations to effectuate a more gradual transition to the utilization of the new calculation methodology upon which the amounts were originally calculated by using a weighted proportion in the first year based two-thirds on the base fiscal year 2022 allocation, and one-third on the new allocation methodology based on facility conditions. Adjustments were then made to the first year allocation to ensure that no state agency receives less funding than that which was provided in fiscal year 2022. In the second year, the allocation is more generally an average of the fiscal year 2022 allocation and the new allocation methodology. Finally, this amendment also provides an additional one-time supplement of $1,200,000 general fund in the first year for security upgrades at Eastern Virginia Medical School, and authorizes use of maintenance reserve funding for projects at Fort Monroe to remove structures that no longer meet safety standards.

Project Funding
Fund Type FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
GF $1,200,000 $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 $1,200,000 $0 $0 $0 $0 $0


p3_capview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 14:59:12