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2009 Session

Budget Amendments - HB1600 (Committee Approved)

CNU Plan Luter

Item C-14.40 #4h

Item C-14.40 #4h

First Year - FY2009 Second Year - FY2010
Education: Higher Education
Christopher Newport University FY2009 $0 FY2010 $521,000 GF
FY2009 $0 FY2010 $1,529,230 NGF

Language
Page 549, after line 37, insert:
This appropriation provides funding to complete detailed planning for the New Luter School of Business project.  Christopher Newport University is authorized to use up to $950,000 of nongeneral funds for which it shall be reimbursed when the project is funded to move into the construction phase.  The Special Funds in this amendment are from fund source 0965 and provided from unallocated planning funds in Chapter 1, 2008 Acts of the Assembly, Special Session 1."

                             
"C-14.40 New Luter School of Business
$0
 
$2,050,230
 
Fund Sources: General
Special
Higher Education Operating
$0
 
$521,000
$579,230
$950,000"
 



Explanation
(This amendment provides funding to complete planning for the New Luter School of Business.)