1998 Session

Budget Amendments - HB30 (Committee Approved)

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Faculty Salary Increase-VSU

Item 256 #6h

Item 256 #6h

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Virginia State University FY1999 $98,295 FY2000 $259,521 GF

Page 169, line 2, strike "$38,082,511" and insert "$38,180,806".
Page 169, line 2, strike "$38,261,036" and insert "$38,520,557".

(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.)