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Governor McAuliffe to introduce $2.43 billion package for Virginia technology

Staff writer |
Governor Terry McAuliffe announced that the Fiscal Year 2017-2018 budget he will introduce on December 17th will include a $2.43 billion package to support key projects that will enhance Virginia’s technological development.




The bond package represents the largest research-oriented capital investment in the Commonwealth’s history as well as the largest state investment in Virginia’s state parks.

The chief focus of the bond package will be strengthening research and workforce development in high-demand fields at Virginia’s four-year institutions of higher education and community colleges.

The bond package will also include funding for other key priorities like strengthening the Port of Virginia, serving Virginia veterans, enhancing Virginia’s state parks, transforming Virginia’s approach to juvenile corrections and protecting the Commonwealth’s natural assets.


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