2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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VMI Base Adequacy

Item 237 #3c

Item 237 #3c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia Military Institute FY2005 $350,000 FY2006 $350,000 GF

Page 179, line 32, strike "$23,286,222" and insert "$23,636,222".
Page 179, line 32, strike "$23,287,948" and insert "$23,637,948".
Page 179, after line 42, insert:
"A.  Out of this appropriation, $350,000 the first year and $350,000 the second year from the general fund is provided to address base funding needs and to mitigate the pressure on student tuition and fees. 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."
Page 179, line 43, before "Out", insert "B."

(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.)