UVA-WISE - Senate Base Adequacy

Item 199 #6s

Language
Page 173, line 18, strike "$20,499,760" and insert "$21,403,760".
Page 173, line 18, strike "$20,878,015" and insert "$23,045,597".
Page 173, line 29, insert "A."
Page 173, after line 34, insert:
"B.  As Virginia’s public colleges and universities approach full funding of the base adequacy guidelines and as the General Assembly strives to fully fund the general fund share of the base adequacy guidelines, these funds are provided with the intent that, in exercising their authority to set tuition and fees, the Board of Visitors shall take into consideration the impact of escalating college costs for Virginia students and families.  In accordance with the cost-sharing goals set forth in Section 4-2.01 b. of this Act, the Board of Visitors is encouraged to limit increases on tuition and mandatory educational and general fees for in-state, undergraduate students to the extent possible."

Explanation
(This amendment provides additional base operating support to continue making progress on fully funding the general fund share of the base adequacy funding guidelines adopted by the Joint Subcommittee Studying Higher Education Funding Policies.)