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2004 Session

Budget Amendments - HB30 (Committee Approved)

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VCU HAC Package

Item 225 #7h

Item 225 #7h

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia Commonwealth University FY2005 $1,849,693 FY2006 $2,811,934 GF
FY2005 $2,197,208 FY2006 $4,475,368 NGF

Language
Page 168, line 43, strike "$316,689,832" and insert "$320,736,733".
Page 168, line 43, strike "$328,929,473" and insert "$336,216,775".


Explanation
(This amendment provides additional general funds and nongeneral fund authority to address base operating needs and student enrollment for undergraduate education. The additional nongeneral funds do not require tuition and required fee increases for in-state undergraduate students to exceed four percent each year. Additional student financial aid is provided to address the potential increase in tuition and required fees.)