The 2011 Executive Budget Document
Virginia Port Authority
[
http://www.portofvirginia.com/
]
Mission Statement
The Virginia Port Authority (VPA) shall foster and stimulate the commerce of the Ports of the Commonwealth, promote the shipment of goods and cargoes through the ports, secure necessary improvements of navigable tidal waters within the Commonwealth and, in general, perform any act or function which may be useful in developing, improving, or increasing the commerce, both foreign and domestic, of the Ports of the Commonwealth.
Operating Budget Summary
General Fund | Nongeneral Fund | Personnel Cost | |
---|---|---|---|
2007 Appropriation | $ 0 | $ 77,947,316 | $ 11,397,203 |
2008 Appropriation | $ 1,000,000 | $ 80,024,946 | $ 12,365,621 |
2009 Appropriation | $ 950,000 | $ 75,008,773 | $ 14,329,418 |
2010 Appropriation | $ 356,745 | $ 86,523,897 | $ 13,755,387 |
2011 Base Budget | $ 950,000 | $ 86,584,122 | $ 12,538,150 |
2011 Addenda | $ 0 | $ 0 | $ 0 |
2011 Total | $ 950,000 | $ 86,584,122 | $ 12,538,150 |
2012 Base Budget | $ 950,000 | $ 86,584,122 | $ 12,538,150 |
2012 Addenda | $ 0 | $ 48,650,000 | $ 1,000,000 |
2012 Total | $ 950,000 | $ 135,234,122 | $ 13,538,150 |
General Fund | Nongeneral Fund | Total Positions | |
---|---|---|---|
2007 Appropriation | 0.00 | 167.00 | 167.00 |
2008 Appropriation | 0.00 | 167.00 | 167.00 |
2009 Appropriation | 0.00 | 146.00 | 146.00 |
2010 Appropriation | 0.00 | 146.00 | 146.00 |
2011 Base Budget | 0.00 | 146.00 | 146.00 |
2011 Addenda | 0.00 | 0.00 | 0.00 |
2011 Total | 0.00 | 146.00 | 146.00 |
2012 Base Budget | 0.00 | 146.00 | 146.00 |
2012 Addenda | 0.00 | 0.00 | 0.00 |
2012 Total | 0.00 | 146.00 | 146.00 |
Capital Totals for the Biennium
General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
---|---|---|
$ 0 | $ 3,000,000 | $ 0 |
Recommended Operating Budget Addenda
-
Increase appropriation for contract security at leased terminalProvides appropriation for the security needs of a marine terminal leased by the Virginia Port Authority.
FY 2011 FY 2012 Nongeneral Fund $ 0 $ 900,000
-
Increase appropriation for defined benefit plan deficitIncreases nongeneral fund appropriation to allow the Virginia Port Authority to provide for the deficit in contributions to the agency's defined benefit plan.
FY 2011 FY 2012 Nongeneral Fund $ 0 $ 1,000,000
-
Provide appropriation for leased terminalProvides nongeneral fund appropriation to provide the funding for the required payments on a leased terminal.
FY 2011 FY 2012 Nongeneral Fund $ 0 $ 46,750,000
-
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.