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2022 Session

Budget Amendments - HB30 (Member Request)

Chief Patron: Morefield
Higher Education Salary Fund Split Requirements

Item 255.10 #1h

Item 255.10 #1h

First Year - FY2023 Second Year - FY2024
Education
Maintain Affordable Access FY2023 $94,000,000 FY2024 $193,000,000 GF

Language
Page 260, after line 8, insert:

"255.10 Maintain Affordable Access$94,000,000$193,000,000
Fund Sources:  General $94,000,000 $193,000,000 "


Explanation

(This amendment requests funding to offset the nongeneral fund split requirements for the five percent salary increases contained in House Bill 30. In the Educational & General (E&G) program the state pays a certain percentage of the cost that reflects each institutions' proportion of in-state versus out-of-state students enrolled and the prior year's salary base for state employees. The portion not covered by the Commonwealth must be paid by the institution from tuition. That amount varies from institution to institution. In order to limit the need to increase tuition, funding for 100% of the cost of the salary and benefits increases proposed in the budget would be necessary.)