144#1c () CNU - Eliminate VECTEC. HB1500 - Conference Report

State Budget

2011 Session

Budget Amendments - HB1500 (Conference Report)

Bill Order » Item 144 #1c

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CNU - Eliminate VECTEC

Item 144 #1c

Item 144 #1c	First Year - FY2011	Second Year - FY2012
Education: Higher Education
Christopher Newport University	FY2011 ($300,000)	FY2012 ($326,875)	GF

Language
Page 144, line 22, strike "$1,825,757" and insert "$1,525,757".
Page 144, line 22, strike "$1,825,757" and insert "$1,498,882".

Explanation
(This amendment decreases first year funding and eliminates second year funding for the VECTEC Center which will no longer be in operation in fiscal year 2012 at Christopher Newport University.)

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.