Item 223 | First Year - FY1999 | Second Year - FY2000 |
|---|---|---|
| Educational and General Programs (10000) | $30,208,345 | $31,114,994 |
| Higher Education Instruction (100101) | FY1999 $17,759,981 | FY2000 $18,643,149 |
| Higher Education Public Services (100103) | FY1999 $116,437 | FY2000 $116,437 |
| Higher Education Academic Support (100104) | FY1999 $3,804,498 | FY2000 $3,791,029 |
| Higher Education Student Services (100105) | FY1999 $2,122,090 | FY2000 $2,129,824 |
| Higher Education Institutional Support (100106) | FY1999 $4,041,304 | FY2000 $4,063,313 |
| Operation and Maintenance of Plant (100107) | FY1999 $2,364,035 | FY2000 $2,371,242 |
| Fund Sources: | ||
| General | FY1999 $18,199,305 | FY2000 $18,672,498 |
| Higher Education Operating | FY1999 $12,009,040 | FY2000 $12,442,496 |
Authority: Title 23, Chapter 5.3, Code of Virginia.
A.1. Out of this appropriation, $49,500 the first year and $222,000 the second year from the general fund is designated for the costs to lease and equip space for activities related to technology transfer, research, and graduate work.
2. The lease agreement shall be approved by the Governor, pursuant to § 2.1-504.2, Code of Virginia and the agreement shall provide for a long term lease to support the work associated with the activities referred to in A.1.
B. Out of this appropriation, $197,618 the first year from the general fund and $14,045 the first year from nongeneral funds and $138,647 the second year from the general fund and $14,045 the second year from nongeneral funds is estimated for lease payments to support the cost of equipment purchased with the proceeds of bonds issued by the Virginia College Building Authority. The Director of the Department of Planning and Budget shall transfer to the Virginia College Building Authority on July 1, 1998, the amounts in the first year, and on July 1, 1999, the amounts in the second year to support the authority's debt obligation.
C. Out of this appropriation, $724,540 from the general fund is provided in each year of the biennium based on institutional performance. This appropriation shall be used for the institution's highest priorities, including incentives to attract and retain quality faculty, instructional technology, curricular and instructional improvements, and continued progress in attaining the highest level of academic quality. Prior to the allotment of funds on July 1, 1998 and July 1, 1999, the institution shall submit an operating plan to the Department of Planning and Budget delineating the uses of these funds.