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1999 Session

Budget Amendments - HB1450 (Member Request)

Chief Patron: Diamonstein
UVA Engineering Research Ctr. GF

Item C-36.70 #14h

Item C-36.70 #14h

First Year - FY1999 Second Year - FY2000
Education: Higher Education
University of Virginia, Academic Division FY1999 $0 FY2000 $3,000,000 GF
FY1999 $0 FY2000 $8,000,000 NGF

Language
Page 479, after line 3, insert:
"C-36.70 Construction:  Engineering Research

Center
                                     $11,000,000
         Fund Sources: General                      
$3,000,000
                       Higher Education Operating  
$8,000,000".


Explanation
(This amendment provides $3.0 million in general funds as a state match for an engineering research facility. The new facility would position the University of Virginia to better compete for a major research grant from the National Science Foundation. The nongeneral funds would come from indirect cost recoveries and gifts and grants.)