Bill No. 35-0159 - An Act providing a lump-sum appropriation from the Indirect Cost Fund to the Office of Management and Budget, the Virgin Islands Division of Personnel,
COMMITTEE ON BUDGET, APPRORPIATIONS AND FINANCE BILL NO. 35-0159 Thirty-Fifth Legislature of the Virgin Islands September 19, 2023 An Act providing a lump-sum appropriation from the Indirect Cost Fund to the Office of Management and Budget, the Virgin Islands Division of Personnel, the Virgin Islands Department of Property and Procurement and the Virgin Islands Department of Finance for operating expenses for the fiscal year October 1, 2023, through September 30, 2024 PROPOSED BY: Senators Novelle E. Francis, Jr., and Donna A. Frett-Gregory by Request of the Governor Be it enacted by the legislature of the Virgin Islands: 1 SECTION 1. The following sum, or so much of it as may be necessary, is appropriated 2 from the Indirect Cost Fund to the Office of Management and Budget, the Virgin Islands 3 Division of Personnel, the Virgin Islands Department of Property and Procurement and the 4 Virgin Islands Department of Finance for operating costs for the fiscal year October 1, 2023, 5 through September 30, 2024. …
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COMMITTEE ON BUDGET, APPRORPIATIONS AND FINANCE BILL NO. 35-0159 Thirty-Fifth Legislature of the Virgin Islands September 19, 2023 An Act providing a lump-sum appropriation from the Indirect Cost Fund to the Office of Management and Budget, the Virgin Islands Division of Personnel, the Virgin Islands Department of Property and Procurement and the Virgin Islands Department of Finance for operating expenses for the fiscal year October 1, 2023, through September 30, 2024 PROPOSED BY: Senators Novelle E. Francis, Jr., and Donna A. Frett-Gregory by Request of the Governor Be it enacted by the legislature of the Virgin Islands: 1 SECTION 1. The following sum, or so much of it as may be necessary, is appropriated 2 from the Indirect Cost Fund to the Office of Management and Budget, the Virgin Islands 3 Division of Personnel, the Virgin Islands Department of Property and Procurement and the 4 Virgin Islands Department of Finance for operating costs for the fiscal year October 1, 2023, 5 through September 30, 2024. 6 2098 INDIRECT COST FUND FY 2024 7 210 OFFICE OF MANAGEMENT & BUDGET $2,106,500 8 TOTAL 210 OFFICE OF MANAGEMENT & BUDGET $2,106,500 9 220 DIVISION OF PERSONNEL $ 530,867 10 TOTAL 220 DIVISION OF PERSONNEL $ 530,867 11 2 390 DEPARTMENT OF FINANCE $ 108,500 1 TOTAL 390 DEPARTMENT OF FINANCE $ 108,500 2 600 DEPARTMENT OF PROPERTY & PROCUREMENT $ 185,000 3 TOTAL 600 DEPARTMENT OF PROPERTY & PROCUREMENT $ 185,000 4 TOTAL 2098 INDIRECT COST FUND $2,930,867 5 BILL SUMMARY 6 This bill provides for an $2,930,867 appropriation from the Indirect Cost Fund, of which 7 $2,106,500 is allocated to the Office of Management and Budget, $530,867 is allocated to the 8 Government of the Virgin Islands, Division of Personnel, $108,500 is allocated to the Virgin 9 Islands Department of Finance and $185,000 is allocated to the Virgin Islands of Property and 10 Procurement, for the fiscal year ending September 30, 2024. 11 BR23-0797/BUDGET/September 15, 2023 12