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2005 Session

Budget Amendments - SB700 (Conference Report)

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CNU - Redirect Gov's Base Adequacy

Item 168 #1c

Item 168 #1c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Christopher Newport University FY2005 $0 FY2006 ($154,876) GF

Language
Page 174, line 51, strike "$39,860,659" and insert "$39,705,783".
Page 175, line 27, strike "$3,424,481" and insert "$3,269,605".
Page 175, line 35, after "students", strike "," and insert ";".
Page 175, line 36, after "effectively", strike "," and insert ";".
Page 175, line 37, after "certificate,", insert:  
"particularly in fields where the Commonwealth faces critical workforce shortages;".


Explanation
(This amendment provides for a reduction of $154,876 from the general fund in the second year in order to redirect those funds to raising average faculty salaries at Virginia's public colleges and universities to the 60th percentile of peer institutions nationally by the end of the decade. The amendment also includes clarifying language with respect to the institution's role in preparing students to meet the Commonwealth's critical workforce needs.)