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1999 Session

Budget Amendments - HB1450 (Member Request)

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Chief Patron: Robinson
Co-Patron(s): Councill, Drake, Jones, J.C., McDonnell, Plum, Purkey, Wagner, Wardrup
ODU Quality Funding

Item 195 #5h

Item 195 #5h

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Old Dominion University FY1999 $0 FY2000 $2,514,310 GF

Language
Page 182, line 32, strike "$141,868,153" and insert "$144,382,463".


Explanation
(This amendment provides funds to increase general fund support per full-time equivalent (FTE) in-state student at Old Dominion University. The additional funds will increase the university's standing relative to other Virginia doctoral institutions and its peer institutions. The additional funding would allow ODU to reach the 60th percentile of its peer group in Educational and General funding per FTE student, with the funding to be phased in over four years. The funds would be used to improve instructional and support services to students.)