2004 Special Session I

Budget Amendments - HB5001 (Committee Approved)

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NGF for new ETF

Item 296 #4h

Item 296 #4h

First Year - FY2005 Second Year - FY2006
Treasury Board FY2005 $0 FY2006 ($2,420,000) GF
FY2005 $0 FY2006 $2,420,000 NGF

Page 221, line 50, strike "$18,026,100" and insert "$15,606,100".
Page 221, line 51, strike "$2,422,604" and insert "$4,842,604".
Page 222, line 20, after "5.", insert "a."
Page 222, after line 54 insert:
"b. Out of the amounts included in C 3 of this item the following is a breakdown of the each institution's nongeneral fund share of the debt service on the bond issues to finance the 2004-06 equipment purchase:
Institution FY 2006
George Mason University $88,181
Old Dominion University $121,331
University of Virginia $774,492
Virginia Commonwealth University $186,717
Virginia Polytechnic Institute and State University $577,067
College of William and Mary $124,701
Christopher Newport University $3,854
University of Virginia's College at Wise  $3,492
James Madison University $131,584
Longwood University $4,765
Mary Washington College $37,299
Norfolk State University $66,878
Radford University $32,108
Virginia Military Institute $66,154
Virginia State University $79,922
Richard Bland College $546
Virginia Community College System $120,907
TOTAL $2,420,000"

(This amendment provides for the nongeneral fund portion of lease payments for the 2004-06 allocation of equipment under the Higher Education Equipment Trust Fund. The source of the nongeneral funds will be increases in tuition and required fees on out-of-state students at public institutions of higher education.)