2023 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: McClellan
VCU - Operations and Financial Aid

Item 206 #1s

Item 206 #1s

First Year - FY2023 Second Year - FY2024
Virginia Commonwealth University FY2023 $0 FY2024 $38,600,000 GF

Page 253, line 21, strike "$718,071,872" and insert "$756,671,872".


(This amendment provides $38.6 million the second year from the general fund for new and ongoing operational funding. Funds are intended to support the institution's growing mission, continued vision, and shared goals with the Commonwealth and will be used to continue to meet the standards that are required to support the universities’ research and academic mission while maintaining a safe environment for staff and students. Funds will be provided to support the institution's share of the 5% salary increases, unavoidable cost increases, student recruitment and retention grants, and strategic operational needs.)