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Base Budget Adjustment
Southwest Virginia Higher Education Center (948)
Request Title Adjust appropriation for centrally funded retirement rate changes
Biennium 2016-2018
Budget Round Initial Bill
Description

Adjusts appropriation for changes in state employee retirement rates to 80 percent of the Virginia Retirement System Board certified rates budgeted in Central Appropriations, Item 467.H. of Chapter 665, 2015 Acts of Assembly. A companion adjustment provides funding to increase state employee retirement rates to 90 percent of the Virginia Retirement System Board certified rate.

Funding Details
By Program Program Code Program Title FY 2016 FY 2017
  199 Administrative And Support Services $42,023 $42,023
By Fund Fund Code Fund Title FY 2016 FY 2017
  01000 General Fund $33,533 $33,533
  02948 Swhec Special Revenue Fund $8,490 $8,490
Authorized Position Details
By Program Program Code Program Title FY 2016 FY 2017


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-03-2025 22:43:47