267#1s (IALR) Institute for Adv. Learning and Research. SB700 - Committee Approved

State Budget

2005 Session

Budget Amendments - SB700 (Committee Approved)

Bill Order » Item 267 #1s

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Institute for Adv. Learning and Research

Item 267 #1s

Item 267 #1s	First Year - FY2005	Second Year - FY2006
Education: Higher Education
Institute for Advanced Learning and Research	FY2005 $0	FY2006 $2,100,000	GF

Language
Page 240, line 18, strike "$2,271,681" and insert "$4,371,681".

Explanation
(This amendment provides $2.1 million from the general fund in the second year to support faculty and operating costs associated with the Institute. The additional general fund support will reduce the Institute's reliance on short-term private funding.)

Item 267

Item 267	First Year - FY2005	Second Year - FY2006
Economic Development Research, Planning, and Coordination (53300)	$2,271,681	$2,271,681
Regional and Community Developmental Planning (53301)	FY2005 $2,271,681	FY2006 $2,271,681
Fund Sources:
General	FY2005 $2,271,681	FY2006 $2,271,681

Authority: Title 23, Chapter 16.4, Code of Virginia.