Item 182 | First Year - FY2007 | Second Year - FY2008 |
|---|---|---|
| Educational and General Programs (10000) | $89,425,629 | $93,391,384 |
| Higher Education Instruction (100101) | FY2007 $52,905,403 | FY2008 $55,989,273 |
| Higher Education Public Services (100103) | FY2007 $327,247 | FY2008 $327,247 |
| Higher Education Academic Support (100104) | FY2007 $9,193,874 | FY2008 $9,193,874 |
| Higher Education Student Services (100105) | FY2007 $3,981,651 | FY2008 $3,981,651 |
| Higher Education Institutional Support (100106) | FY2007 $13,143,742 | FY2008 $14,025,627 |
| Operation and Maintenance of Plant (100107) | FY2007 $9,873,712 | FY2008 $9,873,712 |
| Fund Sources: | ||
| General | FY2007 $47,540,290 | FY2008 $49,528,429 |
| Higher Education Operating | FY2007 $41,885,339 | FY2008 $43,862,955 |
Authority: Title 23, Chapter 11.1, Code of Virginia.
A. This item includes general and nongeneral fund appropriations to support institutional initiatives that help meet statewide goals described in the Restructured Higher Education Financial and Administrative Operations Act of 2005 (Chapters 933 and 945, 2005 Acts of Assembly).
B. Out of this appropriation $350,000 from the general fund and $225,658 from nongeneral funds the first year and $840,781 from the general fund and $542,083 from nongeneral funds the second year is provided to assist with the first and second of five annual payments for the purchase and installation of the university's administrative information system.
C. Out of this appropriation $1,367,523 from the general fund and $881,694 from nongeneral funds the first year and $762,428 $862,429 from the general fund and $491,566 $556,040 from nongeneral funds the second year is provided to establish two clinical simulation laboratories. These amounts include $321,772 from the general fund and $207,459 from nongeneral funds the first year and $327,852 from the general fund and $211,379 from nongeneral funds the second year to assist with the first and second of five annual payments for the purchase of nursing education equipment for the laboratories. The total cost of the equipment is $2,421,000.
D. Out of this appropriation, $257,500 the first year and $257,500 the second year from nongeneral funds is designated to support technology education initiatives, including information technology degree programs and technology training for faculty and students.
E. 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 § 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.
F. Radford University is authorized to offer a Doctor of Psychology degree in Counseling Psychology as approved by the State Council of Higher Education for Virginia. Approved doctoral programs are niche programs, consistent with the comprehensive mission of the University, and are targeted to meet critical needs in the Commonwealth.
G. Out of this appropriation, $113,059 the second year from the general fund is provided to increase the average salary of nursing faculty by 10 percent, effective November 25, 2007. This additional funding will help to attract and retain nursing faculty that are needed to address a shortage of nurses in the Commonwealth.