Open work item in PB work tray
Decision Package
Department of Conservation and Recreation (199)
Request Title Provide additional funding for the Resilient Virginia Revolving Loan Fund
Biennium 2022-2024
Budget Round Amended Bill
Category New general fund spending initiatives
Region None
Description

Increases appropriation for the Resilient Virginia Revolving Loan Fund, which provides loans or grants to local governments to finance or refinance the cost of resilience projects. Funding in the second year is contingent upon actual general fund revenue collections for fiscal year 2023 being equal to or in excess of the official fiscal year 2023 revenue estimate.

Funding Summary
Object Type FY 2022 FY 2023  
General Fund Dollars $100,000,000 $100,000,000  
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 2022 FY 2023
  503 Land And Resource Management $100,000,000 $100,000,000
By Fund Fund Code Fund Title FY 2022 FY 2023
  01000 General Fund $100,000,000 $100,000,000
Authorized Position Details
By Program Program Code Program Title FY 2022 FY 2023


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-04-2025 00:37:02