| • |
| Provide additional supplemental pool funding |
|
| |
Appropriates $100.0 million from the general fund the first year for the supplement pool, pursuant to Item 485 L., Chapter 2, 2022 Acts of Assembly, Special Session I, based upon 2022 revenue conditions that have been met. An additional $300.0 million from the general fund the second year is provided contingent upon 2023 revenue collections. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$100,000,000 |
$300,000,000 |
|
| • |
| High Performance Data Facility (HPDF) Project at Jefferson Lab |
|
| |
Provides funding for a high performance data facility project at the Thomas Jefferson National Accelerator Facility, contingent upon the U.S. Department of Energy approving a project to establish such a facility. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$43,305,379 |
$0 |
|
| • |
| Adjust nongeneral fund appropriation in 2022 public education construction pool |
|
| |
Adjusts nongeneral fund amounts for the 2022 Public Educational Institution Capital Construction Pool to reflect expected nongeneral fund contributions from institutions. This includes authorization of financing from 9(D) bonds, which will be repaid by respective institutions from private donations. |
| |
| |
FY 2023 |
FY 2024 |
| Nongeneral Fund |
$42,600,000 |
$0 |
|
| • |
| Central Reserve for Capital Equipment Funding |
|
| |
Provides funding to be disbursed to agencies and institutions of higher education for equipment purchases related to previously authorized capital projects. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$34,065,200 |
$0 |
| Nongeneral Fund |
$893,160 |
$0 |
|
| • |
| 2023 Capital Construction Pool |
|
| |
Provides funding for the construction of capital projects for state agencies and institutions of higher education. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$19,122,800 |
$0 |
|
| • |
| Provide Additional Maintenance Reserve for NSU and VSU |
|
| |
Provides an additional $8.0 million maintenance reserve allocation each to Virginia State University and Norfolk State University the second year. Language is also provided to allow the Science Museum of Virginia to use a portion of its existing maintenance reserve allocation for the conservation of art and artifacts. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$0 |
$16,000,000 |
|
| • |
| Central Capital Planning Pool |
|
| |
Funds preplanning and detailed planning for projects at state agencies and institutions of higher education. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$6,168,800 |
$0 |
|
| • |
| Adjust 2022 State Agency Capital Pool |
|
| |
Provides additional funding for the Department of General Service project to Renovate Eastern State Hospital and adjusts the scope of the Department of State Police project to construct an area office in Lexington. |
| |
| |
FY 2023 |
FY 2024 |
| General Fund |
$3,497,000 |
$0 |
|
| • |
| Adjust Scope for VMI Renovate and Expand Engineering and Laboratory Facilities |
|
| |
Adjusts the scope of the Virginia Military Institute project, Renovate and Expand Engineering and Laboratory Facilities, to eliminate the demolition of a building. |
| • |
| Alternative financing approval requirements |
|
| |
Provides language in Sections 2-0 and 4-4.01 to require approval of the responsible Cabinet Secretary, the Secretary of Finance, and the Secretary of Administration for alternative financing arrangements. Language in 4-4.01 also requires Treasury Board approval of financing arrangements for capital projects executed by private foundations in instances where an institution of higher education has agreed to provide financial or non-financial types of support related to the project. |
| • |
| Six-Year Capital Outlay Plan Advisory Committee Meeting Requirements |
|
| |
Provides language in Section 2-0 allowing flexibility for the timing and frequency of Six-Year Capital Outlay Plan Advisory Committee meetings. |
| • |
| Redirect excess bond balances |
|
| |
Redirects excess and unutilized bond authorization from projects ready to be closed out, that experienced unexpected savings, or that no longer make sense to complete, to other projects and central construction pools that are in need of additional funding. |
| • |
| Update allowed uses for Enhanced Nutrient Removal Certainty Program |
|
| |
Updates allowed uses for funding previously provided for the Enhanced Nutrient Removal Certainty Program in alignment with the authority for this program in the Code of Virginia. |
