2015 Session

Budget Amendments - SB800 (Conference Report)

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JMU Faculty Salary

Item 166 #2c

Item 166 #2c

First Year - FY2015 Second Year - FY2016
Education: Higher Education
James Madison University FY2015 $0 FY2016 $865,269 GF

Page 160, line 49, strike "$276,029,260" and insert "$276,894,529".
Page 161, after line 49, insert:
"F. 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.)