Virginia Retirement System (158)
| Request Title | Provide funding for a new portfolio management system |
| Biennium | 2016-2018 |
| Budget Round | Initial Bill |
| Category | Other spending or initiatives |
| Region | None |
Description
|
Provides appropriation for a new portfolio management system. As a result of the purchase of the new system, the agency outsourced operation functions for internally managed global public equity portfolios. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $925,000 | $925,000 | |
| 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 |
| 725 | Investment, Trust, And Insurance Services | $925,000 | $925,000 | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 07180 | Vrs Administrative Expense | $925,000 | $925,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-06-2025 12:33:18
