Economic Development Incentive Payments (312)
| Request Title | Adjust funding for the Virginia Investment Performance and Virginia Economic Development Incentive grant programs |
| Biennium | 2022-2024 |
| Budget Round | Initial Bill |
| Category | Savings - Other |
| Region | Multiple Regions |
Description
|
Reduces existing grant funding based on an updated schedule of payments provided by the Virginia Economic Development Partnership |
Funding Summary
| Object Type | FY 2022 | FY 2023 | |
| General Fund Dollars | ($1,271,900) | ($1,395,550) | |
| 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 |
| 534 | Economic Development Services | ($1,271,900) | ($1,395,550) | |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
| 01000 | General Fund | ($1,271,900) | ($1,395,550) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 14:32:52
