2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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ODU - Remove Governor's Base Operating Funds

Item 204 #2c

Item 204 #2c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Old Dominion University FY2005 ($4,792,981) FY2006 ($6,408,254) GF

Page 157, line 26, strike "$145,939,158" and insert "$141,146,177".
Page 157, line 26, strike "$149,163,120" and insert "$142,754,866".
Page 158, strike lines 51 through 55.
Page 159, strike lines 1 through 7
Page 159, line 8, strike "J" and insert "I".

(This amendment removes operating funds provided in the introduced budget for base operating costs and enrollment growth. These funds are redirected through a separate amendment as part of the General Assembly's initiative to begin closing the gap in the general fund share of base funding as identified in the guidelines adopted by the Joint Subcommittee Studying Higher Education Funding Policies. One-time seed money for research is also provided through a separate amendment.)