The 2022 Executive Budget Document
Governor Northam's Proposed Budget for the 2022-2024 Biennum
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Released on December 16, 2021 
 
Virginia Innovation Partnership Authority [309]
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
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $26,100,000 $25,000,000 $51,100,000
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $41,550,000 $0 $41,550,000
2022-2024 2023 Governor's Proposed Budget $44,395,623 $0 $44,395,623
    Base Budget $41,550,000 $0 $41,550,000
    Addenda (Changes to the Base) $2,845,623 $0 $2,845,623
2022-2024 2024 Governor's Proposed Budget $44,395,623 $0 $44,395,623
    Base Budget $41,550,000 $0 $41,550,000
    Addenda (Changes to the Base) $2,845,623 $0 $2,845,623
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 0.00 0.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 0.00 0.00
2022-2024 2023 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 2024 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)
•
Capitalize the Regional Innovation Fund Decision Package
  Provides funding to support, stabilize, and maximize the impact of emerging regional ecosystems
 
  FY 2023 FY 2024
General Fund $3,000,000 $3,000,000
•
Remove funding for the Virginia Nuclear Energy Consortium Authority (VNECA) proposal Base Budget Adjustment
  Removes one-time funding for the Virginia Nuclear Energy Consortium Authority (VNECA) for the purpose of developing a proposal to create a nuclear research and innovation hub in Virginia.
 
  FY 2023 FY 2024
General Fund ($100,000) ($100,000)
•
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 478 C. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
General Fund ($54,297) ($54,297)
•
Adjust appropriation for centrally funded general liability premium charges Base Budget Adjustment
  Adjusts appropriation for general liability premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 478 J. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
General Fund $190 $190
•
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 478 F. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
General Fund ($152) ($152)
•
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 478 H. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
General Fund ($118) ($118)
•
Remove language addressing one-time funding Decision Package
  Updates budget language to remove one-time funding addressed in base budget adjustments


pdocagy2014 - Executive Budget Document Agency Details - 04-04-2026 08:54:16