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2012 Special Session I

Budget Amendments - HB1301 (Conference Report)

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Longwood Conference Package

Item 172 #2c

Item 172 #2c

First Year - FY2013 Second Year - FY2014
Education: Higher Education
Longwood University FY2013 ($154,631) FY2014 ($154,631) GF

Language
Page 139, line 35, strike "$51,729,292" and insert "$51,574,661".
Page 139, line 35, strike "$51,731,187" and insert "$51,576,556".
Page 140, strike lines 8 through 22 and insert:
"C.1. Out of this appropriation, $543,557 each year from the general fund is designated for base operating support.
2.  Out of this appropriation, $202,614 each year from the general fund is designated to address the projected growth in transfer students and efforts to improve retention and graduation through the student success initiative.
D.1. Out of this appropriation, $372,592 each year from the general fund is designated to achieve the goals of the six-year academic plan submitted by the Longwood University in the fall 2011.  Longwood University shall utilize these funds to increase the use of distance learning to off-campus sites in Emporia, South Boston and Martinsville, to expand nursing programs and to develop a center of logistics research at Fort Lee in cooperation with the University of Virginia and Virginia State University.
2. Longwood University shall reallocate $329,061 the first year and $438,749 the second year from current educational and general program funds either to support  the initiatives identified in paragraph D.1. and / or to address programs and strategies that serve to advance the objectives of the Higher Education Opportunity Act of 2011."


Explanation
(This amendment reflects adjustments to higher education funding to allow colleges to achieve the goals and objectives contained in their six-year academic and financial plans. Specifically, the funding will provide for enrollment growth, improving retention and graduation rates, targeted initiatives and incentives related to the Top Jobs for the 21st Century legislation and reallocation requirements within current resources. The amendment also reflects a reallocation requirement of 1.5 percent in the first year and 2.0 percent in the second year.)