2015 Session

Budget Amendments - SB800 (Conference Report)

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NSU Faculty Salary

Item 174 #3c

Item 174 #3c

First Year - FY2015 Second Year - FY2016
Education: Higher Education
Norfolk State University FY2015 $0 FY2016 $282,739 GF

Page 164, line 26, strike "$76,214,318" and insert "$76,497,057".
Page 165, after line 32, insert:
"H. 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.)