C-12#1s (JMU) CO - JMU - Construct Village Student Housing Phase 1. SB800 - Committee Approved

State Budget

2023 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item C-12 #1s

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CO - JMU - Construct Village Student Housing Phase 1

Item C-12 #1s

Item C-12 #1s	First Year - FY2023	Second Year - FY2024
Education: Higher Education
James Madison University	FY2023 $13,500,000	FY2024 $0	NGF

Language
Page 612, line 36, strike "$66,240,000" and insert "$79,740,000".

Page 612, line 37, strike "$11,000,000" and insert "$26,300,000".

Explanation

(This amendment provides $13.5 million NGF the first year for the construction of Village Student Housing Phase 1 at James Madison University. These funds are need to cover project cost increases.)

Item C-12

Item C-12	First Year - FY2023	Second Year - FY2024
New Construction: Construct Village Student Housing Phase 1 (18596)	$66,240,000	$0
Fund Sources:
Higher Education Operating	FY2023 $11,000,000	FY2024 $0
Bond Proceeds	FY2023 $55,240,000	FY2024 $0