The 2024 Executive Budget Document
Governor Youngkin's Proposed Budget for the 2024-2026 Biennum
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Released on December 20, 2023 
 
Commonwealth Savers Plan [174]
Secretarial Area: Independent Agencies
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
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $0 $280,517,037 $280,517,037
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $0 $280,120,929 $280,120,929
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $0 $285,933,169 $285,933,169
2021-2024 2022 Chapter1, 2024 Acts of Assembly $0 $292,585,338 $292,585,338
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $0 $287,084,735 $287,084,735
2021-2024 2023 Chapter1, 2024 Acts of Assembly $0 $294,270,249 $294,270,249
2024-2026 2025 Governor's Proposed Budget $0 $300,155,596 $300,155,596
    Base Budget $0 $294,270,249 $294,270,249
    Addenda (Changes to the Base) $0 $5,885,347 $5,885,347
2024-2026 2026 Governor's Proposed Budget $0 $301,170,641 $301,170,641
    Base Budget $0 $294,270,249 $294,270,249
    Addenda (Changes to the Base) $0 $6,900,392 $6,900,392
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 0.00 115.00 115.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 0.00 115.00 115.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 125.00 125.00
2021-2024 2022 Chapter1, 2024 Acts of Assembly 0.00 150.00 150.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 125.00 125.00
2021-2024 2023 Chapter1, 2024 Acts of Assembly 0.00 150.00 150.00
2024-2026 2025 Proposed Positions 0.00 150.00 150.00
    Base Budget 0.00 150.00 150.00
    Addenda (Changes to the Base) 0.00 0.00 0.00
2012-2014 2026 Proposed Positions 0.00 150.00 150.00
    Base Budget 0.00 150.00 150.00
    Addenda (Changes to the Base) 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Provide nongeneral fund appropriation for cybersecurity and other purposes Decision Package
  Provides nongeneral fund appropriation to strengthen the agency's cybersecurity measures. The funding will be used to execute internal audit projects for risk assessment and fraud detection, to procure consulting services to develop third party cybersecurity initiatives, to develop marketing programs related to the customer experience, and to provide enhancements to customer security.
 
  FY 2025 FY 2026
Nongeneral Fund $4,081,249 $5,062,612
•
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 483 S. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $1,379,860 $1,379,860
•
Provide nongeneral fund appropriation for new cybersecurity and other purposes Decision Package
  Provides nongeneral fund appropriation for positions tied to the agency's customer service initiatives, information technology operations, and risk management programs.
 
  FY 2025 FY 2026
Nongeneral Fund $381,367 $415,049
•
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 483 G. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $75,498 $75,498
•
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 484 F. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund ($71,006) ($71,006)
•
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 484 C. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $25,670 $25,670
•
Adjust appropriation for centrally funded changes to Cardinal Human Capital Management System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Human Capital Management System internal service fund charges budgeted in Central Appropriations, Item 484 G. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $19,027 $19,027
•
Adjust appropriation for centrally funded changes to agency rental costs Base Budget Adjustment
  Adjusts appropriation for changes to agency rental costs at the seat of government budgeted in Central Appropriations, Item 484 D. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund ($14,492) ($14,492)
•
Adjust appropriation for centrally funded information technology auditors and security officers Base Budget Adjustment
  Adjusts appropriation for information technology auditors and information security officers budgeted in Central Appropriations, Item 484 E. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $12,582 $12,582
•
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 484 H. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund ($7,876) ($7,876)
•
Adjust appropriation for centrally funded property insurance premium charges Base Budget Adjustment
  Adjusts appropriation for property insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 484 J. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $2,115 $2,115
•
Adjust appropriation for centrally funded minimum wage increases Base Budget Adjustment
  Adjusts appropriation to reflect the increase in the Virginia minimum wage effective January 1, 2023, and budgeted in Central Appropriations, Item 483 R. of Chapter 2, 2022 Acts of Assembly, Special Session I. The amounts provided support the annualized general fund cost of increasing the Virginia minimum wage from $11.00 per hour to $12.00 per hour or the equivalent annual salary of $24,960.
 
  FY 2025 FY 2026
Nongeneral Fund $1,624 $1,624
•
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 484 I. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund ($1,466) ($1,466)
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 483 P. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
Nongeneral Fund $1,195 $1,195


pdocagy2014 - Executive Budget Document Agency Details - 06-07-2025 13:08:56