1997 Session

Budget Amendments - SB700 (Committee Approved)

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VPI Transponder Costs

Item 181 #3s

Item 181 #3s

First Year - FY1997 Second Year - FY1998
Education: Higher Education
Virginia Polytechnic Institute and State University FY1997 $279,720 FY1998 $279,720 GF

Page 147, line 37, strike "$265,794,822" and insert "$266,074,542".
Page 147, line 38, strike "$274,984,137" and insert "$275,263,857".
Page 148, line 11, after "telecommunications services" strike "." and insert:
"including overhead charges, the full costs of which shall not exceed 11.75 percent of the total cost.  Effective July 1, 1997, administration of the digital satellite contract will be transferred to Old Dominion University and overhead charges will be eliminated."

(This amendment provides funds to cover recent cost increases in the satellite transponder industry. Virginia Tech is dependent on satellites for the operation of its distance learning programs.)