144#1h () CNU Eliminate VECTEC. HB1500 - Committee Approved

State Budget

2011 Session

Budget Amendments - HB1500 (Committee Approved)

Bill Order » Item 144 #1h

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CNU Eliminate VECTEC

Item 144 #1h

Item 144 #1h	First Year - FY2011	Second Year - FY2012
Education: Higher Education
Christopher Newport University	FY2011 $0	FY2012 ($326,875)	GF

Language
Page 144, line 22, strike "$1,825,757" and insert "$1,498,882".

Explanation
(This amendment eliminates second year funding for the VECTEC Center which will no longer be in operation in fiscal year 2012.)

Item 144

Item 144	First Year - FY2011	Second Year - FY2012
Financial Assistance for Educational and General Services (11000)	$1,825,757	$1,825,757
Sponsored Programs (11004)	FY2011 $1,825,757	FY2012 $1,825,757
Fund Sources:
General	FY2011 $326,875	FY2012 $326,875
Higher Education Operating	FY2011 $1,498,882	FY2012 $1,498,882

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.