1998 Session

Budget Amendments - HB30 (Committee Approved)

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Faculty Salary Increase-VCCS

Item 161 #30h

Item 161 #30h

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Virginia Community College System FY1999 $2,154,911 FY2000 $6,009,500 GF

Page 127, line 6, strike "$361,273,794" and insert "$363,428,705".
Page 127, line 6, strike "$372,721,829" and insert "$378,731,329".

(This amendment increases funding for faculty salary increases in each year. The increases were determined by using the customary calculation for achieving the 60th percentile of the peer group. This calculation assures that the salary of the faculty at each public institution of higher education will be equal to an amount slightly above the average for the institution's peer group. This amendment was proposed in the "Unified Amendment" developed by the presidents of the public institutions of higher education. Companion amendments apply the same policy to all public institutions of higher education.)