1998 Session

Budget Amendments - HB30 (Committee Approved)

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Faculty Salary Increase-MWC

Item 233 #12h

Item 233 #12h

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Mary Washington College FY1999 $23,189 FY2000 $60,823 GF

Page 160, line 44, strike "$27,278,571" and insert "$27,301,760".
Page 160, line 44, strike "$28,313,442" and insert "$28,374,265".

(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.)