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1999 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Lambert
VCU Replace NGF with GF

Item 189 #5s

Item 189 #5s

First Year - FY1999 Second Year - FY2000
Education: Higher Education
Virginia Commonwealth University, Academic Division FY1999 $0 FY2000 $2,803,142 GF

Language
Page 176, line 34, strike "$254,713,966" and insert "$257,517,108".


Explanation
(This amendment provides general funds to replace insufficient nongeneral fund revenue, which was assumed to support faculty salaries, Year 2000 compliance, and operation and maintenance of new University facilities. Resources are insufficient to cover these requirements due to changes in student mix and the impact of additional nonresident tuition increases.)