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2003 Session

Budget Amendments - HB1400 (Conference Report)

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VT - NGF authority for tuition

Item 244 #1c

Item 244 #1c

First Year - FY2003 Second Year - FY2004
Education: Higher Education
Virginia Polytechnic Institute and State University FY2003 $20,673,970 FY2004 $16,547,940 NGF

Language
Page 226, line 39, strike "$306,338,018" and insert "$327,011,988".
Page 226, line 39, strike "$312,705,014" and insert "$329,252,954".


Explanation
(This amendment provides nongeneral fund authority for additional tuition revenue generated in fiscal year 2003 from the authorized Spring 2002 increase and the mid-year increase. The amendment also increases the fiscal year 2004 nongeneral fund appropriation to reflect the annualization of the mid-year increases. The budget, as introduced, only included the revenue from the Spring 2002 increase for fiscal year 2004. This amendment is technical in nature.)