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2006 Session

Budget Amendments - SB30 (Committee Approved)

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Renovation of the Old and New Barracks

Item C-201 #1s

Item C-201 #1s

First Year - FY2007 Second Year - FY2008
Education: Higher Education
Virginia Military Institute FY2007 $19,200,000 FY2008 $0 GF

Language
Page 452, line 29, strike "$1,200,000" and insert "$20,400,000".
"The Board of Visitors shall review its fee structure for room and board and identify options for moving toward full recovery of costs for third and fourth year students, with the provision for a discounted rate for those students who have contracted for a military commission. The Institute shall report its findings to the Chairmen of the Senate Finance and House Appropriations Committees no later than November 15, 2006."


Explanation
(This amendment provides an additional $19.2 million GF for renovation of the Old and New Barracks at VMI and tasks the Board of Visitors with reviewing its student fee structure.)