Virginia Port Authority (407)
Request Title | Waterway Maintenance Fund |
Biennium | 2022-2024 |
Budget Round | Initial Bill |
Half Sheet Number | 465 #2c |
Description
This amendment increases the transfer of general fund revenues to the Waterway Maintenance Fund by $2.5 million in each year to increase the availability of funds to support shallow-draft dredging projects and to support local municipal dredging to ensure Virginia s waterways remain safe and navigable to support the continued sustainability and growth of Virginia s seafood and the commercial watermen who contribute to the economies of coastal Virginia. In the first two years of the grant program, more than $50 million for dredging design, implementation and funding have been identified compared to the existing programmatic funding level of $1.5 million annually. A companion amendment to Part 3 increases the authorized transfer. |
Funding Details
By Program | Program Code | Program Title | FY 2022 | FY 2023 |
628 | Financial Assistance For Port Activities | $2,500,000 | $2,500,000 | |
By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
09210 | Va Waterway Maintenance Fund | $2,500,000 | $2,500,000 |
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 15:06:24