2012 Session

Budget Amendments - HB30 (Committee Approved)

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Out-of-State Capital Fee Update

Item 280 #3h

Item 280 #3h

First Year - FY2013 Second Year - FY2014
Treasury Board FY2013 ($2,667,555) FY2014 ($2,667,555) GF
FY2013 $2,667,555 FY2014 $2,667,555 NGF

Page 203, strike lines 27 through 46 and insert:

"InstitutionFY 2013FY 2014
George Mason University$2,281,257 $2,281,257
Old Dominion University$1,063,161 $1,063,161
University of Virginia$4,768,632 $4,768,632
Virginia Polytechnic Institute and State University$4,625,280 $4,625,280
Virginia Commonwealth University$1,714,383 $1,714,383
College of William and Mary$1,412,532 $1,412,532
Christopher Newport University$119,097 $119,097
University of Virginia’s College at Wise$41,085 $41,085
James Madison University$2,672,109 $2,672,109
Norfolk State University$499,356 $499,356
Longwood University$118,701 $118,701
University of Mary Washington$339,669 $339,669
Radford University$277,002 $277,002
Virginia Military Institute$347,490 $347,490
Virginia State University$858,726 $858,726
Richard Bland College$6,930 $6,930
Virginia Community College System$3,406,095 $3,406,095
TOTAL$24,551,505 $24,551,505".

(This amendment adjusts the debt service table to reflects revenue generated by increasing the capital fee on out-of-state students at public colleges and universities by $1.50 per credit hour and taking into account the latest enrollment data.)