2005 Session

Budget Amendments - HB1500 (Conference Report)

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UVA - Wise Increase Base Adequacy

Item 221 #1c

Item 221 #1c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
University of Virginia's College At Wise FY2005 $0 FY2006 $664,973 GF

Page 204, line 18, strike "$15,703,015" and insert "$16,367,988".
Page 204, line 38, after "B." insert "1."
Page 204, line 39, strike "936,357" and insert "$1,601,330".
Page 204, line 47, after "students", strike "," and insert ";".
Page 204, line 48, after "effectively", strike "," and insert ";".
Page 204, line 49, after "certificate,", insert:
"particularly in fields where the Commonwealth faces critical workforce shortages;".
Page 204, after line 53 insert:
"2.  At the discretion of the board of visitors, the institution may develop, and submit to the State Council of Higher Education for Virginia for its approval, academic program(s) to address the need for computer science and engineering professionals in the region."

(This amendment provides an additional $664,973 from the general fund in the second year to offset a portion of the increased "base adequacy" costs associated with actual fiscal year 2004 enrollments exceeding fiscal year 2004 projections. The amendment also includes clarifying language with respect to the institution's role in preparing students to meet the Commonwealth's critical workforce needs.)