1997 Session

Budget Amendments - SB700 (Committee Approved)

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ODU Fac Sal

Item 195 #11s

Item 195 #11s

First Year - FY1997 Second Year - FY1998
Education: Higher Education
Old Dominion University FY1997 $0 FY1998 $1,130,184 GF

Page 156, line 15, strike "$117,994,855" and insert "$119,125,039".

(This amendment provides additional funding in the second year for a 6 percent salary increase for instructional faculty, and a 4 percent increase for administrative and adjunct faculty and graduate teaching assistants. The percentage for instructional faculty is intended to help the institution regain the 60th percentile of average faculty salaries for its peer group, over a four-year period.)