CA Higher Education Reductions
Item 506.10 #1s
Item 506.10 #1s | First Year - FY2003 | Second Year - FY2004 | |
| Central Appropriations |
| Central Appropriations | FY2003 ($132,805,200) | FY2004 ($171,294,286) | GF |
Language
Page 362, after line 29, insert:
"To accomplish savings of $132,805,200 the first year and $171,294,286 the second year, the Department of Planning and Budget is authorized to reduce the general fund appropriation of operating expenses of each institution of higher education detailed below:
FY 2003 FY 2004
Christopher Newport University ($1,750,448) ($2,219,064)
College of William and Mary ($6,205,648) ($8,105,751)
George Mason University ($13,047,777) ($16,598,768)
James Madison University ($4,868,139) ($6,091,391)
Longwood College ($1,646,523) ($2,133,298)
Mary Washington College ($2,401,343) ($3,026,163)
Norfolk State University ($4,320,002) ($5,316,926)
Old Dominion University ($7,487,661) ($9,734,228)
Radford University ($3,150,446) ($4,095,580)
Richard Bland College ($277,600) ($360,880)
University of Virginia ($25,395,869) ($33,007,666)
University of Virginia at Wise ($564,767) ($734,307)
Virginia Community College System ($13,577,528) ($18,206,899)
Virginia Commonwealth University ($19,629,556) ($25,038,735)
Virginia Military Institute ($1,458,289) ($1,918,159)
Virginia State University ($2,803,061) ($3,450,562)
Virginia Polytechnic Institute & SU ($24,220,544) ($31,255,909)
Explanation
(This amendment details the general fund budget reductions for institutions of higher education. The amounts were determined by considering each institution's current funding level, relative to the funding guidelines developed by the Joint Subcommittee on Higher Education Funding Policies. Across the board reductions for affiliated higher education agencies are contained in Item 506.)