2005 Session

Budget Amendments - SB700 (Member Request)

Chief Patron: Chichester
Council of Presidents - Base Adequacy

Item 506.20 #6s

Item 506.20 #6s

First Year - FY2005 Second Year - FY2006
Central Appropriations
Central Appropriations FY2005 $0 FY2006 $78,625,115 GF

Page 471 , after line 44, insert:
"The Executive Director, State Council of Higher Education for Virginia, shall recommend to the Director, Department of Planning and Budget, an allocation of these funds to reflect the amount of general fund support needed to fully fund base adequacy at Virginia's public colleges and universities within three years."

(This amendment reflects the Council of Presidents' request to reach full funding of the base adequacy guidelines by FY 2008. These funds are provided in addition to supplements already included in the individual institution's operating budgets.)