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2019 Session

Budget Amendments - HB1700 (Member Request)

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Chief Patron: Yancey
CNU - O & M for new E & G Buildings

Item 147 #1h

Item 147 #1h

First Year - FY2019 Second Year - FY2020
Education
Christopher Newport University FY2019 $0 FY2020 $1,500,000 GF

Language
Page 190, line 48, strike "$77,651,343" and insert "$79,151,343".


Explanation

(This amendment requests additional general funds to support the full state share of the operating costs for four new E & G buildings (McMurran Hall, Forbes Hall, Luter Hall and Christopher Newport Hall) that have opened over the last few years. Operating costs have been supported primarily through tuition revenues. These funds would allow the institution to reallocate tuition revenue to support STEM programs as well as mitigate future tuition increases.)