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2000 Session

Budget Amendments - HB30 (Committee Approved)

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Faculty Salary Increase

Item 222 #20h

Item 222 #20h

First Year - FY2001 Second Year - FY2002
Education: Higher Education
Virginia Commonwealth University FY2001 $697,733 FY2002 $927,883 GF

Language
Page 177, line 12, strike "$274,327,553" and insert "$275,025,286".
Page 177, line 12, strike "$283,424,885" and insert "$284,352,768".


Explanation
(This amendment provides funds for a 3.2 percent salary increase for instructional faculty in the first year of the biennium to maintain salaries at the 60th percentile of the institution's peer group. The introduced budget provided funds for a 2.4 percent salary increase in the first year of the biennium.)