Economic Development Incentive Payments (312)
| Request Title | Provide additional funding for the Governor's Development Opportunity Fund |
| Biennium | 2014-2016 |
| Budget Round | Amended Bill |
| Category | Other spending or initiatives |
| Region | Multiple Regions |
Description
|
Provides additional funding for the Governor's Development Opportunity Fund (GOF) in both years. Additional funding is needed to allow the Governor to continue to pursue project opportunities to benefit Virginia's economy. The GOF is a critical economic development tool to enable the Commonwealth to compete in a global market for major new investment and jobs. |
Funding Summary
| Object Type | FY 2014 | FY 2015 | |
| General Fund Dollars | $9,916,000 | $10,750,000 | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2014 | FY 2015 |
| 534 | Economic Development Services | $9,916,000 | $10,750,000 | |
| By Fund | Fund Code | Fund Title | FY 2014 | FY 2015 |
| 0100 | General Fund | $9,916,000 | $10,750,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2014 | FY 2015 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 04:19:04
