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Decision Package
Virginia College Savings Plan (174)
Request Title Authorize funding to support the SOAR Virginia Program
Biennium 2016-2018
Budget Round Amended Bill
Category Other spending or initiatives
Region Richmond Area
Description

Authorizes up to $2.0 million nongeneral fund for the SOAR Virginia Program. Funding includes an increase in appropriation of $1.0 million and the use of $1.0 million of existing appropriation. Language is included that requires the prePAID fund to have an actuarial fund value of at least 100 percent for these funds to be used for SOAR Virginia.

Funding Summary
Object Type FY 2016 FY 2017  
General Fund Dollars $0 $0  
Nongeneral Fund Dollars $0 $1,000,000  
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
  799 Administrative And Support Services $0 $1,000,000
By Fund Fund Code Fund Title FY 2016 FY 2017
  05174 Vcsp Agency Operating $0 $1,000,000
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 07:02:13