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Decision Package
Virginia Port Authority (407)
Request Title Increase appropriation for estimated rent escalations
Biennium 2024-2026
Budget Round Initial Bill
Category Other - NGF Only
Region Hampton Roads
Description

Increases nongeneral fund appropriation to properly account for unavoidable rent escalations on the Virginia International Gateway lease.

Funding Summary
Object Type FY 2024 FY 2025  
General Fund Dollars $0 $0  
Nongeneral Fund Dollars $7,200,000 $13,200,000  
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 2024 FY 2025
  699 Administrative And Support Services $7,200,000 $13,200,000
By Fund Fund Code Fund Title FY 2024 FY 2025
  02407 Vpa Special Revenue Fund $7,200,000 $13,200,000
Authorized Position Details
By Program Program Code Program Title FY 2024 FY 2025


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 07:23:12