The 2011 Executive Budget Document
Virginia Employment Commission
[
http://www.vec.state.va.us/
]
Mission Statement
The Virginia Employment Commission’s mission is to promote economic growth and stability by delivering and coordinating workforce services to include: policy development; job placement services; temporary income support; workforce information; and transition and training services. To accomplish our mission, we will: partner with our stakeholders; develop and empower staff; improve our processes; embrace innovative solutions and technologies; and continually renew our organization.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2007 Appropriation | $ 82,167 | $ 612,590,467 | $ 59,796,403 |
| 2008 Appropriation | $ 82,167 | $ 624,722,601 | $ 59,796,403 |
| 2009 Appropriation | $ 487 | $ 580,220,374 | $ 62,317,143 |
| 2010 Appropriation | $ 0 | $ 953,820,375 | $ 62,317,143 |
| 2011 Base Budget | $ 0 | $ 1,035,380,375 | $ 66,761,034 |
| 2011 Addenda | $ 0 | $ 0 | $ 0 |
| 2011 Total | $ 0 | $ 1,035,380,375 | $ 66,761,034 |
| 2012 Base Budget | $ 0 | $ 822,580,375 | $ 66,761,034 |
| 2012 Addenda | $ 8,900,000 | $ 3,000,000 | $ 0 |
| 2012 Total | $ 8,900,000 | $ 825,580,375 | $ 66,761,034 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2007 Appropriation | 0.00 | 1,037.50 | 1,037.50 |
| 2008 Appropriation | 0.00 | 1,037.50 | 1,037.50 |
| 2009 Appropriation | 0.00 | 865.00 | 865.00 |
| 2010 Appropriation | 0.00 | 865.00 | 865.00 |
| 2011 Base Budget | 0.00 | 865.00 | 865.00 |
| 2011 Addenda | 0.00 | 0.00 | 0.00 |
| 2011 Total | 0.00 | 865.00 | 865.00 |
| 2012 Base Budget | 0.00 | 865.00 | 865.00 |
| 2012 Addenda | 0.00 | 0.00 | 0.00 |
| 2012 Total | 0.00 | 865.00 | 865.00 |
Capital Totals for the Biennium
| General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
|---|---|---|
| $ 0 | $ 240,000 | $ 0 |
Recommended Operating Budget Addenda
-
Split interest payments due on federal loans between general fund support and agency nongeneral fund balancesProvides an appropriation for a payment owed to the federal government by September 30, 2011, of interest on loans used to pay mandatory unemployment compensation benefits. Also, provides language expressing intent to provide funding in FY 2013 for an interest payment due to the federal government by September 30, 2012.
FY 2011 FY 2012 General Fund $ 0 $ 8,900,000 Nongeneral Fund $ 0 $ 3,000,000