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2000 Session

Budget Amendments - HB30 (Conference Report)

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Faculty Salary Increase

Item 222 #20c

Item 222 #20c

First Year - FY2001 Second Year - FY2002
Education: Higher Education
Virginia Commonwealth University FY2001 $490,670 FY2002 $905,850 GF

Language
Page 177, line 12, strike "$274,327,553" and insert "$274,818,223".
Page 177, line 12, strike "$283,424,885" and insert "$284,330,735".


Explanation
(This amendment provides additional funds for a 3.0 percent salary increase for full-time instructional faculty in the first year of the biennium to maintain salaries at the 60th percentile of the institution's peer group. Funds also provide for a 3.0 percent salary increase for all other faculty.)