On December 16, 2013, Virginia Gov. Robert McDonnell submitted his proposed FY2014-2016 biennial budget to the Joint Money Committees of the Virginia General Assembly (the House of Delegates Appropriations Committee and the Senate Finance Committee). The proposed budget totals approximately $95.9 billion for the biennium (General Fund: $37.7 billion; Non-General Fund: $58.2 billion). Mr. McDonnell will leave office in January 2014, and incoming Gov.-elect Terry McAuliffe is expected to offer his amendments to the budget proposal. The full proposed budget document is available online at https://solutions.virginia.gov/pbreports/rdPage.aspx?rdReport=BDoc2014_FrontPage.
Following are the four water-related budget items that were included in the highlights mentioned in the governor’s December 16 news release:
“makes available $6.5 million to address study requirements that must be met to allow additional dredging at Norfolk Harbor, as well as for the deepening of the Elizabeth River channel;
“supplies additional $1.5 Million for Port of Virginia Economic and Infrastructure Development Zone Grant Fund to encourage private-sector companies to locate along transportation corridors leading to Port;
“ensures $4 million for oyster restoration efforts; $2 million each year of the biennium; and
“dedicates over $31 million from the FY2013 budget surplus to the Water Quality Improvement Fund.”
Source: Governor Bob McDonnell Unveils 2015-2016 Budget, Virginia Governor’s Office News Release, 12/16/13.