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GA Adjustment
Department of Motor Vehicles Transfer Payments (530)
Request Title HB 1541: Central Virginia Transportation Authority
Biennium 2020-2022
Budget Round Initial Bill
Half Sheet Number 440 #1c
Description

This amendment provides $47.1 million from the nongeneral fund in fiscal year 2021 and $51.4 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 from the motor fuel sales tax increase. A companion amendment under VDOT appropriates the sales and use tax revenue.

Funding Details
By Program Program Code Program Title FY 2020 FY 2021
  728 Financial Assistance To Localities - General $47,093,109 $51,405,817
By Fund Fund Code Fund Title FY 2020 FY 2021
  04540 Motor Vehicle Special Fund $47,093,109 $51,405,817
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 19:30:51