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2005 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Governor Warner
Provides additional maintenance reserve funds

Item C-124 #1g

Item C-124 #1g

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia State University FY2005 $192,000 FY2006 $0 GF

Language
Page 520, line 42, strike "$3,606,000" and insert "$3,798,000".
Page 520, line 45, before "It", insert "1."
Page 520, line 48, strike "$4,808,000" and insert "$5,000,000".
Page 520, after line 48, insert:
"2.  Virginia State University may use up to 50 percent of its maintenance reserve funds to address critical health and safety deficiencies in its Student Village residence halls."


Explanation
(This amendment provides Virginia State University additional funding and earmarks up to half of its maintenance reserve funds to address a recurring mold problem in some of its dormitories.)