2015 Session

Budget Amendments - SB800 (Conference Report)

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ODU Faculty Salary

Item 178 #3c

Item 178 #3c

First Year - FY2015 Second Year - FY2016
Education: Higher Education
Old Dominion University FY2015 $0 FY2016 $1,015,584 GF

Page 166, line 25, strike "$254,877,838" and insert "$255,893,422".
Page 167, after line 36, insert:
"J. 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.)