2013 Session

Budget Amendments - HB1500 (Committee Approved)

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VT Operating

Item 223 #1h

Item 223 #1h

First Year - FY2013 Second Year - FY2014
Education: Higher Education
Virginia Polytechnic Institute and State University FY2013 $0 FY2014 $93,044 GF

Page 195, line 38, strike "$540,951,592" and insert "$541,044,636".
Page 197, line 12, strike, "$6,631,744" and insert "$2,652,698".
Page 197, after line 24, insert:
"4.  Virginia Tech shall reallocate up to an additional $3,979,046 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 197, strike lines 33 through 41.

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