2015 Session

Budget Amendments - SB800 (Conference Report)

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UMW Operating

Item 186 #3c

Item 186 #3c

First Year - FY2015 Second Year - FY2016
Education: Higher Education
University of Mary Washington FY2015 $0 FY2016 $930,028 GF

Page 170, line 37, strike "$62,532,208" and insert "$63,462,236".
Page 171, after line 21, insert:
"E.1. Out of this appropriation $930,028 the second year from the general fund is provided to address restoration of budget cuts and in-state undergraduate enrollment growth.
2.  The University of Mary Washington is authorized to utilize up to $500,000 of the amount provided in paragraph E.1. of this item in the form of student financial assistance.  However, should the institution decide to use these funds as financial aid, it shall be for the fiscal year only and not a permanent transfer."

(This amendment provides additional general funds to restore a portion of the budget reductions in the introduced budget and to support in-state undergraduate enrollment growth.)