The 2008 Executive Budget Document
Department of Accounts Transfer Payments
Mission Statement
To provide financial assistance to the localities and to administer the Revenue Stabilization Fund, Virginia Education Loan Authority Reserve Fund, and the Line of Duty Act as required by the Code of Virginia.
Operating Budget History
General Fund | Nongeneral Fund | Positions | |
---|---|---|---|
2005 Appropriation | $ 191,568,057 | $ 2,044,778 | 0.00 |
2006 Appropriation | $ 644,219,759 | $ 2,044,778 | 0.00 |
2007 Appropriation | $ 168,597,412 | $ 1,044,778 | 0.00 |
2008 Appropriation | $ 248,895,905 | $ 1,044,778 | 0.00 |
General Fund | Nongeneral Fund | Positions | |
---|---|---|---|
2009 Base Budget | $ 248,895,905 | $ 1,044,778 | 0.00 |
2009 Addenda | $ (169,664,102) | $ 0 | 0.00 |
2009 Total | $ 79,231,803 | $ 1,044,778 | 0.00 |
2010 Base Budget | $ 248,895,905 | $ 1,044,778 | 0.00 |
2010 Addenda | $ (189,684,629) | $ 0 | 0.00 |
2010 Total | $ 59,211,276 | $ 1,044,778 | 0.00 |
Recommended Operating Budget Addenda
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Remove Revenue Stabilization Fund depositAdjusts the agency's budget to remove the one-time deposit for the Revenue Stabilization Fund. This is a technical amendment. For each year, a reduction of $184.3 million (GF).
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Provide funding for the mandatory Revenue Stabilization Fund depositAdjusts the agency's budget to provide funding for the one-time mandatory deposit to the Revenue Stabilization Fund as certified by the Auditor of Public Accounts. For 2009, $21.3 million (GF).
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Fund line of duty estimated "other post employment benefits"Provides additional funding to meet obligations to fund line of duty other post employment benefits (OPEB), based on actuarial estimates. For 2009, $1.3 million (GF). For 2010, $2.6 million (GF).
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Limit distribution of alcoholic beverage control profits to townsRemoves funds for cities and counties from the distribution of alcoholic beverage control profits. Profits will be distributed to towns. For each year, a reduction of $3.9 million (GF).
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Limit distribution of wine tax to townsRemoves funds for cities and counties from the distribution of revenue from the wine tax. Revenue will be distributed to towns. For each year, a reduction of $4.1 million (GF).