The 2017 Executive Budget Document
Governor McAuliffe's Proposed Amendments to the 2016-2018 Biennial Budget
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Released on December 16, 2016 
 
Virginia International Trade Corporation [316]
Secretarial Area: Commerce and Trade
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
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Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Governor's Proposed Budget $0 $0 $0
    Governor's Amendments $0 $0 $0
2016-2018 2018 Governor's Proposed Budget $7,200,266 $0 $7,200,266
    Governor's Amendments $7,200,266 $0 $7,200,266
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Proposed Positions 0.00 0.00 0.00
    Governor's Amendments 0.00 0.00 0.00
2016-2018 2018 Proposed Positions 24.00 0.00 24.00
    Governor's Amendments 24.00 0.00 24.00
Operating Budget Addenda (in order of greatest impact)
Establish the Virginia International Trade Corporation Decision Package
  Creates the Virginia International Trade Corporation (VITC) as a separate state entity pursuant to Chapter 749 of the 2016 Acts of Assembly, beginning July 1, 2017. The appropriation consists of funding associated with the International Trade Division of the Virginia Economic Development Partnership, as well as funding tied to one position provided under the Secretary of Commerce and Trade to assist with the creation of VITC. Lastly, additional funding is provided to address administrative functions related to the status of VITC as a state entity.
 
  FY 2017 FY 2018
General Fund $0 $7,200,266
Positions 0.00 24.00


pdocagy2014 - Executive Budget Document Agency Details - 06-25-2025 03:56:05