Department of Transportation (501)
Request Title | HB 1541: Central Virginia Transportation Authority |
Biennium | 2020-2022 |
Budget Round | Initial Bill |
Half Sheet Number | 451 #1c |
Description
This amendment provides $132.4 million from the nongeneral fund in fiscal year 2021 and $146.8 million from the nongeneral fund in fiscal year 2022 pursuant to the passage of House Bill 1541 which creates the Central Virginia Transportation Authority, composed of the counties and cities located in Planning District 15. The Authority will administer transportation funding generated through the imposition of an additional regional 0.7 percent sales and use tax and a 2.1 percent wholesale gas tax. This amendment appropriates the revenues realized from the sales and use tax increase. A companion amendment under DMV transfer payments appropriates the motor fuel sales tax revenue. |
Funding Details
By Program | Program Code | Program Title | FY 2020 | FY 2021 |
607 | Financial Assistance To Localities For Ground Transportation | $132,404,673 | $146,752,525 | |
By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
09998 | Ded Spec Rev - Budgetary Only | $132,404,673 | $146,752,525 |
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 11:23:51