pdocagy (DPB Website Public Reports)

Virginia College Savings Plan [174]

Secretarial Area: Independent Agencies

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. more... More historical data is available for this agency on DPB's website under the Virginia's Budget page. If you click on the Budget Round Description links under any of the "DPB Appropriation Database" tables and open the filter you can select various fields to get greater detail and you can select the official chapter data going back for several decades. The "Caboose" chapters are the final biennial budget approved by the General Assembly and signed into Law. Check it out here

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.
more...

Biennium	Fiscal Year	Source	GF	NGF	Total
2014-2016	2015	Chapter 732, 2016 Acts of Assembly	$0	$178,598,894	$178,598,894
2014-2016	2016	Chapter 732, 2016 Acts of Assembly	$0	$206,338,582	$206,338,582
2016-2018	2017	Chapter 1, 2018 Acts of Assembly	$0	$241,398,915	$241,398,915
2016-2018	2018	Chapter 1, 2018 Acts of Assembly	$0	$277,266,839	$277,266,839
2018-2020	2019	Chapter 1283, 2020 Acts of Assembly	$0	$280,517,037	$280,517,037
2018-2020	2020	Chapter 1283, 2020 Acts of Assembly	$0	$280,120,929	$280,120,929
2020-2022	2021	Governor's Proposed Budget	$0	$283,683,169	$283,683,169
		Base Budget	$0	$280,120,929	$280,120,929
		Addenda (Changes to the Base)	$0	$3,562,240	$3,562,240
2020-2022	2022	Governor's Proposed Budget	$0	$284,834,735	$284,834,735
		Base Budget	$0	$280,120,929	$280,120,929
		Addenda (Changes to the Base)	$0	$4,713,806	$4,713,806

Positions Budget Summary

Biennium	Fiscal Year	Source	NGF	Total
2014-2016	2015	Chapter 732, 2016 Acts of Assembly	105.00	105.00
2014-2016	2016	Chapter 732, 2016 Acts of Assembly	105.00	105.00
2016-2018	2017	Chapter 1, 2018 Acts of Assembly	115.00	115.00
2016-2018	2018	Chapter 1, 2018 Acts of Assembly	115.00	115.00
2018-2020	2019	Chapter 1283, 2020 Acts of Assembly	115.00	115.00
2018-2020	2020	Chapter 1283, 2020 Acts of Assembly	115.00	115.00
2020-2022	2021	Proposed Positions	125.00	125.00
		Base Budget	115.00	115.00
		Addenda (Changes to the Base)	10.00	10.00
2012-2014	2022	Proposed Positions	125.00	125.00
		Base Budget	115.00	115.00
		Addenda (Changes to the Base)	10.00	10.00

Operating Budget Addenda (in order of greatest impact)

•

Fund data security initiatives and operating expenses

Decision Package

Provides nongeneral fund appropriation to protect customer's personal information and support ongoing operating expenses. The agency will enhance the customer identification platform and process to verify personal data and detect fraudulent information. This amendment also supports the agency's daily operating expenses.

	FY 2021	FY 2022
Nongeneral Fund	$1,696,462	$2,472,467

•

Fund personnel expenses

Decision Package

Increases nongeneral fund appropriation both years to support staff expenses. The additional positions will support the agency's cyber security, compliance, and fraud awareness training efforts. The agency will absorb the additional six full-time equivalent positions within its current maximum employment level.

	FY 2021	FY 2022
Nongeneral Fund	$884,304	$884,304

•

Provide customer support and fraud prevention services

Decision Package

Provides nongeneral fund appropriation to support 10 full-time equivalent positions. The staff will assist customers with account transactions and protect the agency against data breaches.

	FY 2021	FY 2022
Nongeneral Fund	$376,293	$751,854
Positions	10.00	10.00

•

Adjust appropriation for centrally funded 2.75 percent salary increase for state employees

Base Budget Adjustment

Adjusts appropriation for the 2.75 percent salary increase for state employees budgeted in Central Appropriations, Item 474 T. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$254,283	$254,283

•

Adjust appropriation for centrally funded 2.25 percent merit-based salary increase for state employees

Base Budget Adjustment

Adjusts appropriation for the 2.25 percent merit-based salary increase for state employees budgeted in Central Appropriations, Item 474 V. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$174,879	$174,879

•

Adjust appropriation for centrally funded changes to state health insurance premiums

Base Budget Adjustment

Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 474 G. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$81,060	$81,060

•

Adjust appropriation for centrally funded changes to Cardinal Financials System charges

Base Budget Adjustment

Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 475 L. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$52,924	$52,924

•

Adjust appropriation for centrally funded changes to agency information technology costs

Base Budget Adjustment

Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 475 G. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$25,782	$25,782

•

Adjust appropriation for centrally funded changes to agency rental costs

Base Budget Adjustment

Adjusts appropriation for changes to agency rental costs at the seat of government budgeted in Central Appropriations, Item 475 J. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$16,487	$16,487

•

Adjust appropriation for centrally funded changes to Performance Budgeting System charges

Base Budget Adjustment

Adjusts appropriation for changes to Performance Budgeting System internal service fund charges budgeted in Central Appropriations, Item 475 M. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	($13,173)	($13,173)

•

Adjust appropriation for centrally funded information technology auditors and security officers

Base Budget Adjustment

Adjusts appropriation for information technology auditors and information security officers budgeted in Central Appropriations, Item 475 K. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$12,244	$12,244

•

Adjust appropriation for centrally funded retirement rate changes

Base Budget Adjustment

Adjusts appropriation for changes to contribution rates for state employee retirement plans budgeted in Central Appropriations, Item 474 H. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$2,234	$2,234

•

Adjust appropriation for centrally funded state employee other post-employment benefit rate changes

Base Budget Adjustment

Adjusts appropriation for changes to state employee other post-employment benefit rates budgeted in Central Appropriations, Item 474 K. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	($2,234)	($2,234)

•

Adjust appropriation for centrally funded workers’ compensation premium changes

Base Budget Adjustment

Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 474 R. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$693	$693

•

Adjust appropriation for centrally funded internal service fund charges for the Personnel Management Information System

Base Budget Adjustment

Adjusts appropriation for Personnel Management Information System internal service fund charges budgeted in Central Appropriations, Item 475 O. of Chapter 854, 2019 Acts of Assembly.

	FY 2021	FY 2022
Nongeneral Fund	$2	$2

pdocagy2014 - Executive Budget Document Agency Details - 06-08-2025 01:53:17