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2006 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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SCHEV GF Positions

Item 145 #4h

Item 145 #4h

First Year - FY2007 Second Year - FY2008
Education: Higher Education
State Council of Higher Education for Virginia FY2007 $300,000 FY2008 $300,000 GF
FY2007 2.00 FY2008 2.00 FTE

Language
Page 148, line 5, strike "$11,350,431" and insert "$11,650,431".
Page 148, line 5, strike "$11,365,876" and insert "$11,665,876".
Page 150, after line 51, insert:
"J. The State Council of Higher Education for Virginia (SCHEV), in consultation with the House Appropriations Committee, the Senate Finance Committee, the Department of General Services and the Department of Planning and Budget, shall develop a six-year capital outlay plan for higher education institutions including affiliated entities.  As a part of this plan SCHEV shall consider (i) current funding mechanisms for capital projects and improvements at the Commonwealth's institutions of higher education, including general obligation bonds and other viable funding methods; (ii) mechanisms to assist private institutions of higher education in the Commonwealth with their capital needs."


Explanation
(This amendment provides general fund money for two positions at the State Council for Higher Education in Virginia (SCHEV). The two positions will allow SCHEV to conduct the necessary analysis and coordination in support of restructuring efforts in higher education in the areas of finance, facilities, performance review and data collection.)