Department of Conservation and Recreation (199)
| Request Title | Adjust Funding for Coastal Storm Risk Management Project |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Half Sheet Number | 359 #6c |
Description
|
This amendment adjusts by $48.9 million from the general fund the first year the funding provided in House Bill 30 as introduced for the Coastal Storm Risk Management Project in the City of Norfolk, leaving a balance of $25.0 million from the general fund to support the project. The amendment also removes language authorizing a Treasury Loan to match federal funding for the project that required local casino tax revenue to be pledged for repayment of the loan. |
Funding Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
| 503 | Land And Resource Management | ($48,850,000) | $0 | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | ($48,850,000) | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-06-2025 12:58:04
