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