1998 Session

Budget Amendments - SB30 (Committee Approved)

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VCCS Faculty Salaries

Item 161 #22s

Item 161 #22s

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 provides funding for annual instructional faculty increases of 5.1 percent, in order to meet the 60th percentile salary objective by FY 2000. The funds will be added to those provided for faculty salaries in Senate Bill 30, as introduced, which used a different methodology to calculate the 60th percentile objective, and which assumed lower rates of faculty salary market movement. 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.)