1998 Session

Budget Amendments - HB30 (Conference Report)

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CVC Operating Support

Item 178 #5c

Item 178 #5c

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Clinch Valley College FY1999 $100,000 FY2000 $100,000 GF

Page 135, line 23, strike "$11,499,124" and insert "$11,599,124".
Page 135, line 23, strike "$12,080,404" and insert "$12,180,404".

(This amendment provides general support to Clinch Valley College, and affirms that additional funding for faculty salaries is calculated using the customary method for achieving the 60th percentile of the peer group by the year 2000. The same calculation for faculty salary increases was used for all other public institutions of higher education. For Clinch Valley College, annual instructional faculty salary increases of 12.5 percent will allow the College to meet the 60th percentile salary objective by fiscal year 2000. Administrative and part-time faculty and graduate teaching assistants are funded for increases of 3.1 percent the first year, and 3.3 percent the second year.)