Capital Project Requests(in order largest to smallest) • | 2022 Public Educational Institution Capital Account construction pool Provides funding for the construction of a variety of capital projects at institutions of higher education. Funding for multiple projects is pooled together centrally and subject to the capital pool process in § 2.2-1515 et. seq, Code of Virginia. | FY 2023 | FY 2024 | General Fund | $413,948,000 | $500,000,000 | Nongeneral Fund | $10,000,000 | $19,266,000 | |
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• | Central Maintenance Reserve Allocation Provides funding to be distributed to agencies and institutions of higher education to address critical maintenance needs in state-owned facilities. This funding can be used to address major repairs or replacements that are intended to extend the useful life of the physical plant, property, and equipment. | FY 2023 | FY 2024 | General Fund | $177,000,000 | $177,000,000 | |
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• | 2022 State Agency Capital Account construction pool Provides funding for the construction of a variety of capital projects for state agencies. Funding for multiple projects is pooled together centrally and subject to the capital pool process in § 2.2-1515 et. seq, Code of Virginia. This pool includes projects for agencies other than institutions of higher education. | FY 2023 | FY 2024 | General Fund | $111,700,000 | $0 | |
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• | Fund programs providing funding for local water-related infrastructure projects Provides $100,000,000 from the general fund to the Department of Environmental Quality Stormwater Local Assistance Fund. | FY 2023 | FY 2024 | General Fund | $100,000,000 | $0 | |
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• | Supplement Previously Authorized Capital Project Construction Pools Provides additional funding to a central supplement pool, which is available to cover shortfalls in other central construction pools. | FY 2023 | FY 2024 | General Fund | $50,000,000 | $50,000,000 | |
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• | Detail Planning for Capital Projects Provides funding to support detailed planning for newly authorized capital projects at state agencies and institutions of higher education and support the full detailed planning costs for all projects previously authorized in a detailed planning pool. | FY 2023 | FY 2024 | General Fund | $76,282,000 | $0 | Nongeneral Fund | $1,533,000 | $0 | |
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• | Workforce Development Projects Provides funding to support capital investment associated with bolstering technology-related education to address workforce needs. | FY 2023 | FY 2024 | General Fund | $18,500,000 | $14,400,000 | |
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• | Central Reserve for Capital Equipment Funding Provides funding to be disbursed to agencies and institutions of higher education for equipment purchases related to previously authorized capital projects. | FY 2023 | FY 2024 | General Fund | $31,035,000 | $0 | |
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• | Supplement project in 2020 VPBA Capital Construction Pool Provides additional funding for the 2020 VPBA Construction Pool to support a scope change for the Library of Virginia State Records Center Addition project. | FY 2023 | FY 2024 | General Fund | $16,600,000 | $0 | |
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• | Supplement Project in Chapter 806 Construction Pool Supplements Virginia State University project to Construct Water Storage Tank, Campus Wide Distribution Piping, and Campus Sewer Upgrades, which was funded from the Construction Pool from Chapter 806, 2013 Acts of Assembly. | FY 2023 | FY 2024 | General Fund | $3,400,000 | $0 | |
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• | Long-term lease authorizations Adjusts various long-term lease authorizations. |
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