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2016 Session

Budget Amendments - SB30 (Committee Approved)

CO - JMU - Construct Phillips Dining Hall Replacement

Item C-10.1 #1s

Item C-10.1 #1s

First Year - FY2017 Second Year - FY2018
Education: Higher Education
James Madison University FY2017 $35,000,000 FY2018 $0 NGF

Language
Page 424, after line 39, insert:

"C-10.1 New Construction: Construct Phillips Dining Hall Replacement$35,000,000$0
Fund Sources:  Bond Proceeds
                            Nongeneral
$26,600,000
$8,400,000
$0
$0 "


Explanation

(This amendment provides $35.0 million in NGF in the first year to construct a replacement for the Phillips Dining Hall at James Madison University. From that amount, $26.6 million is provided from 9(C) revenue bonds and $8.4 million in auxiliary reserve funds.)