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Decision Package
Virginia Retirement System (158)
Request Title Provide critical facility repairs and reconfigure space
Biennium 2024-2026
Budget Round Initial Bill
Category New nongeneral fund spending initiatives
Region Richmond Area
Description

Provides funding for three distinct building maintenance and upgrade projects, including electrical upgrades, exterior repairs to address water infiltration, and reconfiguration of office workspace to meet current needs. All components will be less than $3.0 million individually and therefore are funded under the operating budget.

Funding Summary
Object Type FY 2024 FY 2025  
General Fund Dollars $0 $0  
Nongeneral Fund Dollars $3,425,000 $225,000  
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
  799 Administrative And Support Services $3,425,000 $225,000
By Fund Fund Code Fund Title FY 2024 FY 2025
  07180 Vrs Administrative Expense $3,425,000 $225,000
Authorized Position Details
By Program Program Code Program Title FY 2024 FY 2025


p3_opview - Official Enacted Budget View Operating Bullet Details - 08-01-2025 08:16:35