2015 Session

Budget Amendments - SB800 (Conference Report)

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CWM Faculty Salary Increase

Item 151 #4c

Item 151 #4c

First Year - FY2015 Second Year - FY2016
Education: Higher Education
The College of William and Mary in Virginia FY2015 $0 FY2016 $585,565 GF

Page 153, line 38, strike "$180,422,966" and insert "$181,008,531".
Page 154, after line 31, insert:
"G. 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.)