Department of Housing and Community Development (165)
| Request Title | Reduce funding for the Virginia Telecommunication Initiative |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Category | Budget Review Savings |
| Region | None |
Description
|
Decreases appropriation for the Virginia Telecommunication Initiative to account for the availablity of federal funding for this purpose, leaving $20.0 million the first year and eliminating the funding in the second year. |
Funding Summary
| Object Type | FY 2024 | FY 2025 | |
| General Fund Dollars | ($29,725,000) | ($49,725,000) | |
| 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 |
| 533 | Community Development Services | ($29,725,000) | ($49,725,000) | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | ($29,725,000) | ($49,725,000) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 11-01-2025 09:04:53
