2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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GMU Base Adequacy

Item 182 #4c

Item 182 #4c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
George Mason University FY2005 $4,500,914 FY2006 $7,557,421 GF

Page 148, line 47, strike "$215,677,704" and insert "$220,178,618".
Page 148, line 47, strike "$215,490,073" and insert "$223,047,494".
Page 149, after line 52, insert:
"F.  Out of this appropriation, $4,500,914 the first year and $7,557,421 the second year from the general fund is provided fund to address base funding needs identified by the Joint Subcommittee Studying Higher Education Funding Policies and to mitigate the pressure on student tuition and fees.  These amounts reflect a portion of the additional general fund support needed to provide  adequate base support of the institution's core academic function. These additional funds will allow the institution to serve more students, retain existing students more effectively, increase the number of students receiving a degree or certificate, and enhance the quality and rigor of its academic programs.  The Secretary of Education shall monitor the institution's efforts to meet these objectives and other statewide needs."

(This amendment provides additional general fund support to address base operating needs and increased student enrollments. The corresponding nongeneral fund share is included as part of a separate amendment.)