The 2013 Executive Budget Document
Virginia College Savings Plan
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http://www.virginia529.com/
]
Mission Statement
It is the mission of the Virginia College Savings Plan (VCSP) to enhance the accessibility and affordability of higher education for all citizens of the Commonwealth by providing a menu of investment options under Section 529 of the Internal Revenue Code to allow college savings in a tax-advantaged investment environment.
Operating Budget Summary
General Fund | Nongeneral Fund | Personnel Cost | |
---|---|---|---|
2009 Appropriation | $ 0 | $ 137,484,273 | $ 5,291,011 |
2010 Appropriation | $ 0 | $ 163,452,894 | $ 5,966,011 |
2011 Appropriation | $ 0 | $ 249,258,158 | $ 8,075,978 |
2012 Appropriation | $ 0 | $ 272,256,809 | $ 7,880,802 |
2013 Addenda | $ 0 | $ 325,020,602 | $ 9,030,365 |
2013 Addenda | $ 0 | $ 0 | $ 0 |
2013 Total | $ 0 | $ 325,020,602 | $ 9,030,365 |
2014 Addenda | $ 0 | $ 385,446,188 | $ 9,410,365 |
2014 Addenda | $ 0 | $ 301,520 | $ 0 |
2014 Total | $ 0 | $ 385,747,708 | $ 9,410,365 |
General Fund | Nongeneral Fund | Total Positions | |
---|---|---|---|
2009 Appropriation | 0.00 | 60.00 | 60.00 |
2010 Appropriation | 0.00 | 60.00 | 60.00 |
2011 Appropriation | 0.00 | 80.00 | 80.00 |
2012 Appropriation | 0.00 | 80.00 | 80.00 |
2013 Addenda | 0.00 | 88.00 | 88.00 |
2013 Addenda | 0.00 | 0.00 | 0.00 |
2013 Total | 0.00 | 88.00 | 88.00 |
2014 Addenda | 0.00 | 88.00 | 88.00 |
2014 Addenda | 0.00 | 0.00 | 0.00 |
2014 Total | 0.00 | 88.00 | 88.00 |
Recommended Operating Budget Addenda
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Provide additional nongeneral fund appropriation to support increased nonpersonal costsIncreases the agency's nongeneral fund appropriation to support unanticipated expenses. These expenses include, but are not limited to, custodial fees, business taxes, and enhancements and cost increases in information technology.
FY 2013 FY 2014 Nongeneral Fund $ 0 $ 301,520