2015 Session

Budget Amendments - SB800 (Conference Report)

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CNU Faculty Salary

Item 147 #2c

Item 147 #2c

First Year - FY2015 Second Year - FY2016
Education: Higher Education
Christopher Newport University FY2015 $0 FY2016 $300,400 GF

Page 152, line 3, strike "$63,863,676" and insert "$64,164,076".
Page 152, after line 35, insert:
"E. In addition to the amounts provided in this item, and authorized pursuant to Item 467, P.7., the institution may reallocate from educational and general program funds in the second year to provide an additional 2.50 percent average faculty salary increase for teaching and research faculty.  The institution may provide these increases consistent with its faculty pay plan."

(This amendment provides additional general funds to implement a faculty salary increase.)