Virginia Retirement System (158)
| Request Title | Strengthen regulatory compliance |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Category | New nongeneral fund spending initiatives |
| Region | Richmond Area |
Description
|
Addresses increased workload related to the growth of investment activity and external regulations. This amendment also provides funding for fiscal services related to legal and regulatory requirements. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $515,368 | $820,368 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 3.00 | 3.00 | |
| 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 |
| 725 | Investment, Trust, And Insurance Services | $515,368 | $820,368 | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 07180 | Vrs Administrative Expense | $515,368 | $820,368 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
| 725 | Investment, Trust, and Insurance Services | 3.00 | 3.00 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 18:54:06
