150#1c (CNU) VECTEC. SB750 - Conference Report

State Budget

2007 Session

Budget Amendments - SB750 (Conference Report)

Bill Order » Item 150 #1c

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VECTEC

Item 150 #1c

Item 150 #1c	First Year - FY2007	Second Year - FY2008
Education: Higher Education
Christopher Newport University	FY2007 $0	FY2008 $250,000	GF

Language
Page 184, line 23, strike "$3,300,220" and insert "$3,550,220".

Explanation
(This amendment provides general funds in support of the Virginia Electronic Commerce Technology Center in the second year. This item was funded by the General Assembly in the 2006 Session in the first year only. This amendment would continue that funding commitment into fiscal year 2008.)

Item 150

Item 150	First Year - FY2007	Second Year - FY2008
Financial Assistance for Educational and General Services (11000)	$3,550,220	$3,300,220
Sponsored Programs (11004)	FY2007 $3,550,220	FY2008 $3,300,220
Fund Sources:
General	FY2007 $250,000	FY2008 $0
Higher Education Operating	FY2007 $3,300,220	FY2008 $3,300,220

Authority: Title 23, Chapter 5.3, Code of Virginia.

The Higher Education Operating fund source listed in this Item is considered to be a sum sufficient appropriation, which is an estimate of funding required by the University to cover sponsored program operations.