2005 Session

Budget Amendments - SB700 (Conference Report)

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CWM - Redirect Gov's Base Adequacy

Item 172 #1c

Item 172 #1c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
The College of William and Mary in Virginia FY2005 $0 FY2006 ($273,982) GF

Page 176, line 34, strike "$109,942,584" and insert "$109,668,602".
Page 177, line 18, strike "$2,370,271" and insert "$2,096,289".
Page 177, line 26, after "students", strike "," and insert ";".
Page 177, line 27, after "effectively", strike "," and insert ";".
Page 177, line 28, after "certificate,", insert:  
"particularly in fields where the Commonwealth faces critical workforce shortages;".

(This amendment provides for a reduction of $273,982 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.)