The 2022 Executive Budget Document
Governor Northam's Proposed Budget for the 2022-2024 Biennum
 Back to Front Page
Released on December 16, 2021 
 
Virginia Port Authority [407]
Secretarial Area: Transportation
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
2016-2018 2017 Chapter 1, 2018 Acts of Assembly $1,000,000 $201,066,439 $202,066,439
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $1,000,000 $207,236,514 $208,236,514
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $1,000,000 $217,317,547 $218,317,547
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $1,000,000 $222,083,808 $223,083,808
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $0 $246,826,544 $246,826,544
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $0 $255,281,160 $255,281,160
2022-2024 2023 Governor's Proposed Budget $2,000,000 $278,527,292 $280,527,292
    Base Budget $0 $255,281,160 $255,281,160
    Addenda (Changes to the Base) $2,000,000 $23,246,132 $25,246,132
2022-2024 2024 Governor's Proposed Budget $2,000,000 $289,927,292 $291,927,292
    Base Budget $0 $255,281,160 $255,281,160
    Addenda (Changes to the Base) $2,000,000 $34,646,132 $36,646,132
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Chapter 1, 2018 Acts of Assembly 0.00 215.00 215.00
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 0.00 215.00 215.00
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 0.00 236.00 236.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 0.00 236.00 236.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 260.00 260.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 260.00 260.00
2022-2024 2023 Proposed Positions 0.00 260.00 260.00
    Base Budget 0.00 260.00 260.00
    Addenda (Changes to the Base) 0.00 0.00 0.00
2012-2014 2024 Proposed Positions 0.00 260.00 260.00
    Base Budget 0.00 260.00 260.00
    Addenda (Changes to the Base) 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Increase Master Equipment Lease borrowing and pay related debt service Decision Package
  Provides debt service appropriation related to the acquisition, through a master equipment lease program, of container handling equipment.
 
  FY 2023 FY 2024
Nongeneral Fund $5,800,000 $11,600,000
•
Increase appropriation for estimated rent escalations Decision Package
  Provides additional appropriation required to meet the contractual commitments on the escalation requirements of the Virginia International Gateway lease.
 
  FY 2023 FY 2024
Nongeneral Fund $5,400,000 $11,000,000
•
Issue bonds and pay related debt service Decision Package
  Provides debt service appropriation for enhancing and improving Norfolk International Terminal North.
 
  FY 2023 FY 2024
Nongeneral Fund $7,000,000 $7,000,000
•
Add appropriation for Economic and Infrastructure Development Fund Base Budget Adjustment
  Provides legislative appropriation to support expenditures from the Economic and Infrastructure Development Fund. To date, appropriation to support this Fund has been provided administratively.
 
  FY 2023 FY 2024
Nongeneral Fund $2,000,000 $2,000,000
•
Establish appropriation for prior year Economic Infrastructure Grant funding Decision Package
  Provides nongeneral fund appropriation for the Authority’s payment of grant funds for projects awarded in prior years.
 
  FY 2023 FY 2024
Nongeneral Fund $2,000,000 $2,000,000
•
Add appropriation for Economic and Infrastructure Development Zone Grant Fund Decision Package
  Provides appropriation for grants to incentivize qualifying port users that are generating new jobs or expanding the number of jobs through their business.
 
  FY 2023 FY 2024
General Fund $2,000,000 $2,000,000
•
Adjust appropriation for centrally funded five percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the five percent salary increase for state employees budgeted in Central Appropriations, Item 477 X. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
Nongeneral Fund $1,012,903 $1,012,903
•
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 477 H. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
Nongeneral Fund $34,265 $34,265
•
Adjust appropriation for centrally funded changes to Line of Duty Act premiums and enrollment Base Budget Adjustment
  Adjusts appropriation for Line of Duty Act premiums and enrollment changes budgeted in Central Appropriations, Item 477 Q. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
Nongeneral Fund $2,066 $2,066
•
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
Nongeneral Fund ($1,868) ($1,868)
•
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
Nongeneral Fund ($1,186) ($1,186)
•
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 478 I. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
Nongeneral Fund ($954) ($954)
•
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 477 G. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
Nongeneral Fund $656 $656
•
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 477 K. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY 2023 FY 2024
Nongeneral Fund $363 $363
•
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
Nongeneral Fund ($113) ($113)
Capital Project Requests (in order of largest to smallest)
•
Enhance Norfolk International Terminals North
  Upgrades and modernizes the Northern portion of Norfolk International Terminals, allowing the Port to continue to position itself in such a way as to capture future increases in shipping volume, including surges, and maintain a service level that will attract cargo and commerce to the Commonwealth.
 
  FY 2023 FY 2024
General Fund $266,000,000 $0
Nongeneral Fund $166,000,000 $0
•
Enhance and Strengthen Portsmouth Marine Terminal
  Supports infrastructure improvements throughout Portsmouth Marine Terminal to accommodate the handling and staging of large offshore wind components. This includes upgrades to the wharf to increase its load-bearing capacity, dredging to accommodate ships specific to carrying this equipment, and other improvements, as necessary.
 
  FY 2023 FY 2024
Nongeneral Fund $192,000,000 $0
•
Expand Empty Yard
  Supports efforts required to keep facilities operating at optimum efficiency. Activities may include improvements to rail yards, paving for equipment operation, facility repairs and relocations, and various terminal equipment.
 
  FY 2023 FY 2024
Nongeneral Fund $70,000,000 $75,000,000
•
Improve Cargo Handling Facilities
  Addresses numerous projects and miscellaneous equipment upgrades required to keep the facilities efficient and compliant to providing safe working conditions.
 
  FY 2023 FY 2024
Nongeneral Fund $70,000,000 $75,000,000
•
Procure Container Handling Equipment
  Enables the agency to keep pace with technologies and equipment demands while fostering volume growth.
 
  FY 2023 FY 2024
Nongeneral Fund $120,000,000 $0
•
Establish offshore wind turbine blade facility
  Supports the partnership with Siemens Gamesa to develop property at the Commonwealth’s Portsmouth Marine Terminal for a facility to produce turbine blades supplying offshore wind projects. The facility, combined with its operations and maintenance activities, will create a total of 310 new jobs, of which approximately 50 will be service jobs to support the Coastal Virginia Offshore Wind Project.
 
  FY 2023 FY 2024
General Fund $17,000,000 $0


pdocagy2014 - Executive Budget Document Agency Details - 04-04-2026 08:54:22