Virginia Employment Commission (182)
| Request Title | Adjust funding for estimated interest payments for federal UI program advances |
| Biennium | 2020-2022 |
| Budget Round | Amended Bill |
| Half Sheet Number | 131 #1c |
Description
|
This amendment removes $6.8 million GF for an interest payment on federal cash advances for the state's unemployment insurance program. Provisions contained in the recent coronavirus stimulus package reduced Virginia's anticipated interest payment for September 2021 to $750,000. |
Funding Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
| 470 | Workforce Systems Services | $0 | ($6,752,701) | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 01000 | General Fund | $0 | ($6,752,701) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 19:08:28
