The 2008 Executive Budget Document
Innovative Technology Authority
Mission Statement
The Innovative Technology Authority (ITA) fosters the development of emerging technologies and technologies companies to make Virginia an attractive business location.
Operating Budget History
| General Fund | Nongeneral Fund | Positions | |
|---|---|---|---|
| 2005 Appropriation | $ 7,748,153 | $ 0 | 0.00 |
| 2006 Appropriation | $ 6,087,085 | $ 0 | 0.00 |
| 2007 Appropriation | $ 6,122,989 | $ 0 | 0.00 |
| 2008 Appropriation | $ 6,234,337 | $ 0 | 0.00 |
| General Fund | Nongeneral Fund | Positions | |
|---|---|---|---|
| 2009 Base Budget | $ 6,234,337 | $ 0 | 0.00 |
| 2009 Addenda | $ (387,000) | $ 0 | 0.00 |
| 2009 Total | $ 5,847,337 | $ 0 | 0.00 |
| 2010 Base Budget | $ 6,234,337 | $ 0 | 0.00 |
| 2010 Addenda | $ (387,000) | $ 0 | 0.00 |
| 2010 Total | $ 5,847,337 | $ 0 | 0.00 |
Recommended Operating Budget Addenda
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Remove one-time funding for a sensor sciences studyRemoves one-time funding to study the potential for establishing a national center for the sensor sciences in the Hampton Roads region. For each year, a reduction of $75,000 (GF).
-
Continue 2008 budget reductionsContinues the budget reductions included in the Governor's 2008 reduction plan into the 2008-10 biennium. For each year, a reduction of $312,000 (GF).