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Decision Package
Virginia Racing Commission (405)
Request Title Increase the amount of appropriation for the Virginia Breeders Fund
Biennium 2022-2024
Budget Round Amended Bill
Category Technical Adjustment
Region Multiple Regions
Description

Provides additional appropriation to allow agency to spend increased funds acquired through historical horse racing. Item 111, paragraph G of the Appropriation Act directs .025 percent of the money wagered on historical horse racing to be distributed to the Virginia Breeders Fund.

Funding Summary
Object Type FY 2022 FY 2023  
General Fund Dollars $0 $0  
Nongeneral Fund Dollars $1,500,000 $1,500,000  
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 2022 FY 2023
  534 Economic Development Services $1,500,000 $1,500,000
By Fund Fund Code Fund Title FY 2022 FY 2023
  02204 Virginia Breeders Fund $1,500,000 $1,500,000
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 00:59:13