Menu
2026 Session

Budget Amendments - SB30 (Committee Approved)

View Budget Item
View Budget Item amendments

Higher Education Operating Support

Item 243 #2s

Item 243 #2s

First Year - FY2027 Second Year - FY2028
Education: Higher Education
Maintain Affordable Access FY2027 $27,500,000 FY2028 $45,000,000 GF

Language
Page 280, line 2, strike "$0" and insert "$27,500,000".
Page 280, line 2, strike "$0" and insert "$45,000,000".

Page 280, after line 12, insert:

"C. Out of this appropriation, $27,500,000 the first year and $45,000,000 the second year from the general fund is designated to support operations of the institutions. For the purposes of budget execution and base budget development, these appropriated funds shall be transferred to the individual institutions.  Allocations from this funding are as follows:


                                                                                                                  

                                                                                                                  

                                                                                                                  

                                                                                                                  

                                                                                                                  

Institution

FY 2027

FY 2028

Christopher Newport University

$737,900

$1,207,473

College of William and Mary

$1,038,950

$1,700,100

George Mason University

$3,716,000

$6,080,727

James Madison University

$1,969,450

$3,222,736

Longwood University

$590,950

$967,009

Norfolk State University

$658,100

$1,076,891

Old Dominion University

$2,380,100

$3,894,709

Radford University

$900,050

$1,472,809

University of Mary Washington

$585,650

$958,336

University of Virginia

$2,988,350

$4,890,027

University of Virginia - College at Wise

$240,900

$394,200

Virginia Commonwealth University

$3,631,600

$5,942,618

Virginia Military Institute

$290,050

$474,627

Virginia State University

$605,050

$990,083

Virginia Polytechnic and State University

$3,191,500

$5,222,455

Richard Bland College

$154,350

$252,573

Virginia Community College System

$3,821,050

$6,252,627

Total

$27,500,000

$45,000,000"



Explanation

(This amendment provides $27.5 million GF the first year and $45.0 million GF the second year for higher education institution operating costs. State operating support for higher education limits tuition and fee increases for students.)