| • |
| Establish and capitalize the Disaster Assistance Fund |
Decision Package |
|
| |
Adds language to create a new statewide fund to address life, safety, and housing disaster-related costs not covered by federal assistance, private donations, or insurance, and subject to appropriation by the General Assembly. Initial capitalization of the Fund comes from the proceeds generated from the Commonwealth's participation in the Regional Green House Gas Initiative auction that occurred in December 2023 in addition to a one-time general fund deposit. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$25,000,000 |
$0 |
|
| • |
| Shift second year Virginia Telecommunication Initiative funding to the first year |
Decision Package |
|
| |
Transfers program funding to the first year. This initiative extends broadband service to currently unserved areas. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$10,000,000 |
($10,000,000) |
|
| • |
| Establish an early learning capital supply-building program |
Decision Package |
|
| |
Provides funding for a competitive grant program to be administered by the Department of Housing and Community Development, the Department of Education, and the State Council of Higher Education for Virginia with the objective of increasing the supply of quality early learning spaces in childcare and early learning deserts.
|
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$14,000,000 |
$0 |
|
| • |
| Transfer White Mill funding for the City of Danville to the first year |
Decision Package |
|
| |
Shifts a portion of amounts for the Industrial Revitalization Fund from the second year to the first. The $2.0 million is provided for the City of Danville to develop property along the Dan River known as White Mill. The amount is contingent on a match from non-state sources. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$2,000,000 |
($2,000,000) |
|
| • |
| Fund natural gas study in Patrick County |
Decision Package |
|
| |
Provides $100,000.00 from the general fund in the first year to Patrick County to complete a natural gas study. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$100,000 |
$0 |
|
| • |
| Remove language establishing two new programs utilizing Low-Income Energy Efficiency Program Fund balances |
Decision Package |
|
| |
Eliminates budget language requirement for the agency to establish a pilot program to provide down payment assistance and a pilot program to assist nonprofits and associations of tenants residing in manufactured home parks acquire land on which homes reside with balances in the Low-Income Energy Efficiency Program Fund. |
