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Virginia Department of Planning and Budget

The 2012 Executive Budget Document

Economic Development Incentive Payments
Mission Statement
This agency serves as a holding account for state incentive programs to localities, companies opening or expanding a business facility within the Commonwealth, and production companies and producers who film their product in the Commonwealth, and assistance to impacted localities in implementing and responding to the recommendations of the 2005 Base Realignment and Closure Commission. These incentives include performance-based financial assistance, infrastructure development grants, and customized training and support programs. These programs are administered by the Virginia Economic Development Partnership, the Virginia Tourism Authority, and the Office of the Secretary of Veterans Affairs and Homeland Security.
Operating Budget Summary
  General Fund Nongeneral Fund Personnel Cost
2009 Appropriation $ 0  $ 0  $ 0 
2010 Appropriation $ 0  $ 0  $ 0 
2011 Appropriation $ 49,995,436  $ 475,000  $ 0 
2012 Appropriation $ 53,775,384  $ 375,000  $ 0 
2013 Base Budget $ 53,775,384  $ 375,000  $ 0 
2013 Addenda $ 15,551,000  $ 160,000  $ 0 
2013 Total $ 69,326,384  $ 535,000  $ 0 
2014 Base Budget $ 53,775,384  $ 375,000  $ 0 
2014 Addenda $ 10,958,210  $ 0  $ 0 
2014 Total $ 64,733,594  $ 375,000  $ 0 
Authorized Position Summary
  General Fund Nongeneral Fund Total Positions
2009 Appropriation 0.00  0.00  0.00 
2010 Appropriation 0.00  0.00  0.00 
2011 Appropriation 0.00  0.00  0.00 
2012 Appropriation 0.00  0.00  0.00 
2013 Base Budget 0.00  0.00  0.00 
2013 Addenda 0.00  0.00  0.00 
2013 Total 0.00  0.00  0.00 
2014 Base Budget 0.00  0.00  0.00 
2014 Addenda 0.00  0.00  0.00 
2014 Total 0.00  0.00  0.00 
Recommended Operating Budget Addenda