Department of Accounts Transfer Payments (162)
| Request Title | Deposit First Year Funding in Revenue Reserve (2020 Special Session General Assembly Action - 275 #1c) |
| Biennium | 2020-2022 |
| Budget Round | Amended Bill |
| Category | General Assembly Action |
| Region | None |
Description
|
This amendment provides a $89.0 million deposit in the Revenue Reserve Fund in fiscal year 2021 to increase the Commonwealth's cash balances to provide increased financial flexibility to safeguard against any additional revenue decreases. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $89,027,631 | $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 |
| 237 | Revenue Cash Reserve | $89,027,631 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 01000 | General Fund | $89,027,631 | $0 |
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 18:06:04
