Virginia Port Authority (407)
| Request Title | Increase debt service for new Master Equipment Lease borrowing |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Category | Unanticipated and unavoidable cost adjustments |
| Region | Hampton Roads |
Description
|
Increases debt service for new lease borrowing, ensuring continued capital improvements to produce a safer, more efficient environment for moving cargo. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $5,400,000 | $7,400,000 | |
| 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 |
| 626 | Port Facilities Planning, Maintenance, Acquisition, And Construction | $5,400,000 | $7,400,000 | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 02407 | Vpa Special Revenue Fund | $5,400,000 | $7,400,000 |
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 18:47:23
