Economic Development Incentive Payments (312)
| Request Title | Provide additional appropriation for the Virginia Economic Development Incentive Grant |
| Biennium | 2022-2024 |
| Budget Round | Amended Bill |
| Category | New general fund spending initiatives |
| Region | None |
Description
|
Increases appropriation for the Virginia Economic Development Incentive Grant to support the revised incentive payment schedule. |
Funding Summary
| Object Type | FY 2022 | FY 2023 | |
| General Fund Dollars | $660,000 | $1,060,000 | |
| Nongeneral Fund Dollars | $1,000,000 | $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 |
| 534 | Economic Development Services | $1,660,000 | $1,060,000 | |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
| 01000 | General Fund | $660,000 | $1,060,000 | |
| 09440 | Va Econ Dev Incentive Grant | $1,000,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 00:11:29
