The 2021 Executive Budget Document
Governor Northam's Proposed Amendments to the 2020-2022 Biennial Budget
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Released on December 16, 2020 
 
Virginia Economic Development Partnership [310]
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 Chapter 1, 2018 Acts of Assembly $25,508,967 $0 $25,508,967
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $26,035,046 $0 $26,035,046
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $33,597,198 $0 $33,597,198
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $37,807,392 $0 $37,807,392
2020-2022 2021 Governor's Proposed Budget $34,802,309 $0 $34,802,309
    2020 Special Session Approp. Act $47,302,309 $0 $47,302,309
    Governor's Amendments ($12,500,000) $0 ($12,500,000)
2020-2022 2022 Governor's Proposed Budget $40,302,309 $0 $40,302,309
    2020 Special Session Approp. Act $39,481,922 $0 $39,481,922
    Governor's Amendments $820,387 $0 $820,387
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
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
    2020 Special Session Approp. Act 0.00 0.00 0.00
    Governor's Amendments 0.00 0.00 0.00
2020-2022 2022 Proposed Positions 0.00 0.00 0.00
    2020 Special Session Approp. Act 0.00 0.00 0.00
    Governor's Amendments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
Move reductions to agency budget Decision Package
  Moves the reductions included in Item 482.20 of the 2020 Special Session Appropriation Act from Central Appropriations to the agency budget.
 
  FY 2021 FY 2022
General Fund ($12,500,000) ($4,679,613)
Increase funding for the Virginia Business Ready Sites Program Decision Package
  Provides additional support for the Virginia Business Ready Site Program in the second year, bringing the total to $5.5 million.
 
  FY 2021 FY 2022
General Fund $0 $5,000,000
Create the Office for Labor Market and Education Alignment Decision Package
  Establishes a coordinated strategy to develop a more robust understanding of the connections between education and the labor market, including supply and demand imbalances that can inhibit the growth of businesses or result in poor employment outcomes for individuals, to inform policy decisions, academic programs, workforce development, economic development and other related efforts.
 
  FY 2021 FY 2022
General Fund $0 $500,000


pdocagy2014 - Executive Budget Document Agency Details - 04-25-2026 07:57:46