New College Institute (938)
| Request Title | Establish continuous authority to retain rental income |
| Biennium | 2020-2022 |
| Budget Round | Amended Bill |
| Category | Appropriation Act language only |
| Region | South Piedmont |
Description
|
Provides language that allows the New College Institute to retain rental income generated from tenants leasing space in its facility. Before the Commonwealth purchased the New College Institute facility from its Foundation this fall, the rental income went to the Foundation to cover building expenses. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $0 | $0 | |
| 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 2020 | FY 2021 |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 11-02-2025 06:31:14
