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Decision Package
Economic Development Incentive Payments (312)
Request Title Expand the Virginia Business Ready Sites Program
Biennium 2024-2026
Budget Round Amended Bill
Category New general fund spending initiatives
Region Multiple Regions
Description

Increases funding for the Virginia Business Ready Sites Program, bringing the total to $70.0 million the second year.

Funding Summary
Object Type FY 2024 FY 2025  
General Fund Dollars $0 $50,000,000  
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 2024 FY 2025
  534 Economic Development Services $0 $50,000,000
By Fund Fund Code Fund Title FY 2024 FY 2025
  01000 General Fund $0 $50,000,000
Authorized Position Details
By Program Program Code Program Title FY 2024 FY 2025


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-21-2025 09:21:58