2013 Session

Budget Amendments - HB1500 (Committee Approved)

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Longwood Operating

Item 172 #1h

Item 172 #1h

First Year - FY2013 Second Year - FY2014
Education: Higher Education
Longwood University FY2013 $0 FY2014 $25,705 GF

Page 163, line 47, strike "$56,525,231" and insert "$56,550,936".
Page 164, line 35, strike "$1,096,872" and insert "$438,749".
Page 164, after line 38, insert:
"3.  Longwood University shall reallocate up to an additional $658,123 the second year from current educational and general program funds to address faculty compensation issues, operation and maintenance of new facilities or other institutional initiatives or priorities."
Page 164, strike lines 39 through 47.

(This amendment provides additional operating funds and changes the proposed reallocation requirement to allow an institution to address their priorities.)