The 2010 Executive Budget Document
Virginia Port Authority
[
http://www.portofvirginia.com/
]
Mission Statement
The Virginia Port Authority (VPA) shall foster and stimulate the commerce of the Ports of the Commonwealth, promote the shipment of goods and cargoes through the ports, secure necessary improvements of navigable tidal waters within the Commonwealth and, in general, perform any act or function which may be useful in developing, improving, or increasing the commerce, both foreign and domestic, of the Ports of the Commonwealth.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2007 Appropriation | $ 0 | $ 77,947,316 | $ 11,397,203 |
| 2008 Appropriation | $ 1,000,000 | $ 80,024,946 | $ 12,365,621 |
| 2009 Appropriation | $ 950,000 | $ 75,008,773 | $ 14,329,418 |
| 2010 Appropriation | $ 950,000 | $ 86,523,897 | $ 11,943,975 |
| 2011 Base Budget | $ 950,000 | $ 86,523,897 | $ 11,943,975 |
| 2011 Addenda | $ 0 | $ 60,225 | $ 60,225 |
| 2011 Total | $ 950,000 | $ 86,584,122 | $ 12,004,200 |
| 2012 Base Budget | $ 950,000 | $ 86,523,897 | $ 11,943,975 |
| 2012 Addenda | $ 0 | $ 60,225 | $ 60,225 |
| 2012 Total | $ 950,000 | $ 86,584,122 | $ 12,004,200 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2007 Appropriation | 0.00 | 167.00 | 167.00 |
| 2008 Appropriation | 0.00 | 167.00 | 167.00 |
| 2009 Appropriation | 0.00 | 146.00 | 146.00 |
| 2010 Appropriation | 0.00 | 146.00 | 146.00 |
| 2011 Base Budget | 0.00 | 146.00 | 146.00 |
| 2011 Addenda | 0.00 | 0.00 | 0.00 |
| 2011 Total | 0.00 | 146.00 | 146.00 |
| 2012 Base Budget | 0.00 | 146.00 | 146.00 |
| 2012 Addenda | 0.00 | 0.00 | 0.00 |
| 2012 Total | 0.00 | 146.00 | 146.00 |
Capital Totals for the Biennium
| General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
|---|---|---|
| $ 0 | $ 3,000,000 | $ 0 |
Recommended Operating Budget Addenda
-
Realign positions due to reorganizationAligns positions to reflect the agency's reorganization.
-
Fund benefit rate changesAdjusts the agency's budget to reflect amount necessary to cover the cost of items such as changes in retirement and other benefit contribution rates.
FY 2011 FY 2012 Nongeneral Fund $60,225 $60,225
Recommended Capital Budget Addenda
-
Fund maintenance reserveProvides nongeneral fund appropriation for maintenance reserve projects to the Port Authority's wharves and terminals.
FY 2011 FY 2012 Nongeneral Fund $1,500,000 $1,500,000