| • |
| Supplant bonds with general fund for the Water Quality Improvement Fund |
|
| |
Supplants the $400 million existing bond authorization for Water Quality Improvement Fund eligible wastewater projects with general fund from FY 2024 revenues in excess of the official revenue estimate, pursuant to Item 470 K.2. of Chapter 2, 2024 Acts of Assembly, Special Session I. All general fund appropriation is provided in FY 2025. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$400,000,000 |
$0 |
| Tax Supported Debt |
($200,000,000) |
($200,000,000) |
|
| • |
| 2025 Higher Ed Construction Pool |
|
| |
Provides funding for the construction and acquisition of eight capital projects at institutions of higher education. Funding for multiple projects is pooled together centrally and subject to the capital pool process in Section 2.2-1515 et. seq, Code of Virginia. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$448,214,251 |
$0 |
| Nongeneral Fund |
$80,331,520 |
$0 |
|
| • |
| Adjust 2022 construction pool for State Police Training Academy |
|
| |
Adjusts funding and project authorization in the 2022 state agency construction pool, which pools funding for capital projects together centrally. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$136,311,497 |
$0 |
|
| • |
| 2025 Non Higher Ed Construction Pool |
|
| |
Provides funding for the construction and acquisition of eight capital projects for state agencies. Funding for multiple projects is pooled together centrally and subject to the capital pool process in Section 2.2-1515 et. seq, Code of Virginia. This pool includes projects for agencies other than institutions of higher education. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$130,451,057 |
$0 |
|
| • |
| Adjustment to Statewide Supplement Pool |
|
| |
Adjusts funding for the central statewide supplement pool and updates eligibility criteria for use of supplement pool funding. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$62,362,850 |
$0 |
|
| • |
|
| |
Authorizes detailed planning for six capital projects and preplanning for one project in a central planning pool. The scope for one project previously authorized in the planning pool is also adjusted. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$31,948,103 |
$0 |
| Nongeneral Fund |
$9,130,897 |
$0 |
|
| • |
| Adjust 2020 Higher Ed Construction Pool for VCCS Godwin Building Scope Change |
|
| |
Adjusts the scope of the Virginia Community College System Godwin Building project in the Annandale Campus in Northern Virginia from a renovation to a replacement and adjusts funding in the 2020 VCBA construction pool in which the project is authorized. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$15,545,100 |
$0 |
|
| • |
| Placeholder: Equipment pool |
|
| |
Provides funding to be disbursed to agencies and institutions of higher education for equipment purchases related to previously authorized capital projects. |
| |
| |
FY 2025 |
FY 2026 |
| General Fund |
$14,511,505 |
$0 |
|
| • |
| Remove requirement for Six-Year Capital Outlay Plan Advisory Committee to make recommendations about capital budget requests |
|
| |
Provides language in Section 2-0 to remove a requirement for the Six-Year Capital Outlay Plan Advisory Committee to make recommendations about capital budget requests. |
| • |
| Lease and Financed Purchase Authorizations |
|
| |
Provides language authorizing numerous lease and financed purchase agreements. |
| • |
| Redirect balances from completed and cancelled projects |
|
| |
Redirects balances from completed standalone projects and projects that agencies no longer wish to execute to construction pools that are not expected to have sufficient funding. |
| • |
| Clarify Crewe Water Project Scope and Authorize use of Supplement Pool |
|
| |
Provides budget language to clarify the intended scope of the Nottoway water infrastructure project and authorizes the use of funding from the statewide supplement pool for any project costs in excess of those originally assumed when the project was authorized in the 2020 construction pool. |
| • |
| Adjust project scope in 2024 State Agency Capital Account construction pool |
|
| |
Provides authority for previously authorized funds to be used for temporary heat and hot water solutions at Hiram Davis Medical Center pending final disposition of the facility. |
