2024 Session

Budget Amendments - HB30 (Floor Approved)

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UMW: Deferred Maintenance

Item C-11 #1h

Item C-11 #1h

First Year - FY2025 Second Year - FY2026
University of Mary Washington FY2025 $7,500,000 FY2026 $10,000,000 NGF

Page 544, line 22, strike "$5,500,000" and insert "$13,000,000".
Page 544, line 22, strike "$0" and insert "$10,000,000".


(This amendment provides $7.5 million the first year and $10.0 million the second year in tax-supported bond proceeds (Virginia College Building Authority) to address deferred maintenance projects at the University of Mary Washington. These amounts combine with the $5.5 million in bond proceeds included in the introduced budget for a total of $23.0 million over the biennium. This total amount is estimated to be sufficient to address critical life and safety concerns within Farmer Hall and Simpson Library at the school; addressing these core facility deficiencies directly is anticipated to reduce overall facility renovation needs in the long-term.)