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Key pieces in Gov. Bob McDonnell's revised budget

Tuesday - 12/18/2012, 4:43pm  ET

By The Associated Press

RICHMOND, Va. - Key items in the revised 2012-2014 state budget submitted to the General Assembly on Monday by Gov. Bob McDonnell.

Overview:

_ 150 amendments that include $92.7 million in agency savings and $431.6 million in spending cuts.

_ 204 amendments that increase spending by $735.7 million.

_ Net spending increase of $211.4 million over current total two-year budget of $80 billion.

Top Increases in Spending:

_$114.6 million to fund increase usage of Medicaid and inflation costs, but McDonnell refused an optional expansion of Medicaid under the federal Affordable Care Act.

_$128.2 million in total deposit to the state's "rainy day" reserve fund, including an optional advance deposit of $50 million over the minimally required amount.

_$58.7 million to fund the state share of a 2 percent raise for teachers, principals, librarians and instructional aides provided lawmakers pass a related bill that makes it easier to fire underperforming teachers.

_$45 million eliminated in "give backs" local governments had been expected to return to state government that are now excused.

_$69.6 million to help hold down increases in state employee health care premiums.

_$15.1 million in additional funding for medical care for state prison inmates.

_$14.3 million for the January 2014 opening of a new state prison in Grayson County.

_$15.1 million to fund merit raises for superior teachers, not tied to passage of the teacher assessment bill.

_$3.7 million to increase tuition assistant grants for undergraduates at Virginia private colleges from $2,800 to $3,100.

_$3.7 million to fill 15 vacant judgeships in jurisdictions with heavy caseloads.

_$2.1 million to increase pay for assistant commonwealth's attorneys by $3,300 a year.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)