2004 Special Session I

Budget Amendments - HB5001 (Committee Approved)

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VT HAC Package

Item 242 #4h

Item 242 #4h

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia Polytechnic Institute and State University FY2005 $1,003,250 FY2006 $1,475,000 GF
FY2005 $4,585,556 FY2006 $9,323,235 NGF

Page 181, line 28, strike "$362,411,049" and insert "$367,999,855".
Page 181, line 28, strike "$361,243,110" and insert "$372,041,345".

(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.)