The 2011 Executive Budget Document
Department of Business Assistance
[
http://www.dba.virginia.gov/
]
Mission Statement
The Virginia Department of Business Assistance promotes economic growth by helping Virginia businesses prosper.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2007 Appropriation | $ 14,823,366 | $ 1,191,362 | $ 4,079,078 |
| 2008 Appropriation | $ 11,503,798 | $ 1,191,362 | $ 4,363,553 |
| 2009 Appropriation | $ 10,561,722 | $ 1,245,603 | $ 4,600,678 |
| 2010 Appropriation | $ 10,122,777 | $ 1,273,998 | $ 4,621,998 |
| 2011 Base Budget | $ 14,800,899 | $ 1,273,998 | $ 3,289,345 |
| 2011 Addenda | $ 0 | $ 0 | $ 0 |
| 2011 Total | $ 14,800,899 | $ 1,273,998 | $ 3,289,345 |
| 2012 Base Budget | $ 10,000,899 | $ 1,273,998 | $ 3,222,107 |
| 2012 Addenda | $ 7,370,000 | $ 0 | $ 0 |
| 2012 Total | $ 17,370,899 | $ 1,273,998 | $ 3,222,107 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2007 Appropriation | 40.00 | 7.00 | 47.00 |
| 2008 Appropriation | 43.00 | 7.00 | 50.00 |
| 2009 Appropriation | 38.00 | 7.00 | 45.00 |
| 2010 Appropriation | 35.00 | 7.00 | 42.00 |
| 2011 Base Budget | 35.00 | 7.00 | 42.00 |
| 2011 Addenda | 0.00 | 0.00 | 0.00 |
| 2011 Total | 35.00 | 7.00 | 42.00 |
| 2012 Base Budget | 35.00 | 7.00 | 42.00 |
| 2012 Addenda | 0.00 | 0.00 | 0.00 |
| 2012 Total | 35.00 | 7.00 | 42.00 |
Recommended Operating Budget Addenda
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Establish Tourism Development Revolving Micro Loan FundProvides funding for the Tourism Development Revolving Micro Loan program. The Virginia Small Business Financing Authority will administer the micro loans which will be provided to qualified tourism projects. This is a recommendation of the Governor's Commission on Economic Development and Job Creation.
FY 2011 FY 2012 General Fund $ 0 $ 2,000,000
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Recapitalize Virginia Small Business Financing Authority economic development and small business loan programsProvides additional general fund dollars to the Virginia Small Business Financing Authority. These additional funds will be used for the Loan Guarantee, Capital Access, and State Economic Loan funds. This is a recommendation of the Governor's Commission on Economic Development and Job Creation.
FY 2011 FY 2012 General Fund $ 0 $ 5,000,000
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Remove automatic reappropriationRemoves language authorizing the automatic carryforward of June 30 general fund balances. Any such balances will remain eligible for reappropriation pursuant to criteria in Section 4-1.05 of the Appropriation Act.
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Restore proposed cuts to agency administrative costsRestores previous reductions to the department's administrative appropriation.
FY 2011 FY 2012 General Fund $ 0 $ 370,000