Innovation and Entrepreneurship Investment Authority [934]
Secretarial Area: Commerce and Trade
formerly under: Technology
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
Biennium
Fiscal Year
Source
GF
NGF
Total
2014-2016
2015
Chapter 732, 2016 Acts of Assembly
$8,510,873
$0
$8,510,873
2014-2016
2016
Chapter 732, 2016 Acts of Assembly
$8,232,562
$0
$8,232,562
2016-2018
2017
Chapter 1, 2018 Acts of Assembly
$11,113,668
$0
$11,113,668
2016-2018
2018
Chapter 1, 2018 Acts of Assembly
$11,187,740
$0
$11,187,740
2018-2020
2019
Chapter 1283, 2020 Acts of Assembly
$11,046,485
$0
$11,046,485
2018-2020
2020
Chapter 1283, 2020 Acts of Assembly
$11,296,485
$0
$11,296,485
2020-2022
2021
Governor's Proposed Budget
$0
$0
$0
Base Budget
$11,296,485
$0
$11,296,485
Addenda (Changes to the Base)
($11,296,485)
$0
($11,296,485)
2020-2022
2022
Governor's Proposed Budget
$0
$0
$0
Base Budget
$11,296,485
$0
$11,296,485
Addenda (Changes to the Base)
($11,296,485)
$0
($11,296,485)
Positions Budget Summary
Biennium
Fiscal Year
Source
GF
NGF
Total
2014-2016
2015
Chapter 732, 2016 Acts of Assembly
0.00
0.00
0.00
2014-2016
2016
Chapter 732, 2016 Acts of Assembly
0.00
0.00
0.00
2016-2018
2017
Chapter 1, 2018 Acts of Assembly
0.00
0.00
0.00
2016-2018
2018
Chapter 1, 2018 Acts of Assembly
0.00
0.00
0.00
2018-2020
2019
Chapter 1283, 2020 Acts of Assembly
0.00
0.00
0.00
2018-2020
2020
Chapter 1283, 2020 Acts of Assembly
0.00
0.00
0.00
2020-2022
2021
Proposed Positions
0.00
0.00
0.00
Base Budget
0.00
0.00
0.00
Addenda (Changes to the Base)
0.00
0.00
0.00
2012-2014
2022
Proposed Positions
0.00
0.00
0.00
Base Budget
0.00
0.00
0.00
Addenda (Changes to the Base)
0.00
0.00
0.00
Operating Budget Addenda (in order of greatest impact)
•
Eliminate the Innovation and Entrepreneurship Investment Authority
Decision Package
Eliminates the Innovation and Entrepreneurship Investment Authority and transfers the associated appropriation to the Virginia Innovation Partnership Authority, a new authority to be established in legislation to be considered during the 2020 legislative session.
FY 2021
FY 2022
General Fund
($11,335,381)
($11,335,381)
•
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
General Fund
$38,579
$38,579
•
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
General Fund
$189
$189
•
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.
