2011 Session

Budget Amendments - HB1500 (Conference Report)

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HE - Level 3 Interest Earnings

Item 465 #1c

Item 465 #1c

First Year - FY2011 Second Year - FY2012
Central Appropriations
Central Appropriations FY2011 $0 FY2012 $898,000 NGF

Page 399, line 5, strike "$7,863,990" and insert "$8,761,990".
Page 399, line 25, after "first year", insert:
"and $898,000 from nongeneral funds in the second year".

(This is a technical amendment which provides nongeneral fund authority that reflects estimated interest earnings distribution for the four institutions--College of William and Mary, the University of Virginia, Virginia Commonwealth University and Virginia Tech--that are governed under Level 3 management agreements.)