Redirect Virginia Preschool Initiative and Early Childhood Expansion nonparticipation savings to other early childhood programs
Biennium
2024-2026
Budget Round
Initial Bill
Category
Savings - Other
Region
None
Description
Realizes $80 million in state savings from the Virginia Preschool Initiative (VPI) Program and the Early Childhood Expansion (ECE) Program, and redirects those savings to meet actual demand for early childcare and education services under the Mixed-Delivery Program and the Child Care Subsidy Program. State savings are the result of projected nonparticipation under VPI and ECE based on actual historical participation, and eliminating the Local Composite Index cap under these programs. Of that amount, $26.8 million is directed to the Mixed-Delivery Program under Direct Aid, and the balance is directed to the Child Care Subsidy Program under the Department of Education. A corresponding adjustment under the Department of Education includes this amount as additional support for the Child Care Subsidy Program.
Funding Summary
Object Type
FY 2024
FY 2025
General Fund Dollars
($53,016,078)
($53,711,109)
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
143
Financial Assistance For Educational, Cultural, Community, And Artistic Affairs
