Economic Development Incentive Payments (312)
| Request Title | Defer payment to support an aerospace engine facility |
| Biennium | 2016-2018 |
| Budget Round | Amended Bill |
| Category | Targeted Reduction |
| Region | None |
Description
|
Adjusts the appropriation provided to support the location of an aerospace engine facility based on projected investment gains and job creation. Nongeneral fund appropriation is provided for payment of grants. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | ($8,500,000) | ($3,729,000) | |
| Nongeneral Fund Dollars | $0 | $15,162,000 | |
| 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 2016 | FY 2017 |
| 534 | Economic Development Services | ($8,500,000) | $11,433,000 | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 01000 | General Fund | ($8,500,000) | ($3,729,000) | |
| 02167 | Aerospace Engine Manufacturing | $0 | $12,662,000 | |
| 02187 | Aerospace Engine Manufacturing | $0 | $2,500,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 15:53:15
