1997 Session

Budget Amendments - HB1600 (Committee Approved)

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VMI-Faculty Salaries

Item 239 #2h

Item 239 #2h

First Year - FY1997 Second Year - FY1998
Education: Higher Education
Virginia Military Institute FY1997 $0 FY1998 $172,254 GF

Page 172, line 48, strike "$16,344,308" and insert "$16,516,562".

(This amendment provides sufficient general funds to carry out in fiscal year 1998 a faculty salary plan for the public institutions of higher education that averages five percent, effective December 1, 1997. This plan was started in fiscal year 1997. The objective is to return each institution to the 60th percentile of its peer group by the year 2000. The amount appropriated also would provide a four percent increase for administrative faculty.)