Chief Patron: Locke
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 $55,000,000 | GF |
Language
Page 280, line 2, strike "$0" and insert "$27,500,000".
Page 280, line 2, strike "$0" and insert "$55,000,000".
Page 280, after line 12, insert:
"C. Out of this appropriation, $27,500,000 the first year and $55,000,000 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 | $1,475,800 |
College of William and Mary | $1,038,950 | $2,077,900 |
George Mason University | $3,716,000 | $7,432,000 |
James Madison University | $1,969,450 | $3,938,900 |
Longwood University | $590,950 | $1,181,900 |
Norfolk State University | $658,100 | $1,316,200 |
Old Dominion University | $2,380,100 | $4,760,200 |
Radford University | $900,050 | $1,800,100 |
University of Mary Washington | $585,650 | $1,171,300 |
University of Virginia | $2,988,350 | $5,976,700 |
University of Virginia - College at Wise | $240,900 | $481,800 |
Virginia Commonwealth University | $3,631,600 | $7,263,200 |
Virginia Military Institute | $290,050 | $580,100 |
Virginia State University | $605,050 | $1,210,100 |
Virginia Polytechnic and State University | $3,191,500 | $6,383,000 |
Richard Bland College | $154,350 | $308,700 |
Virginia Community College System | $3,821,050 | $7,642,100 |
Total | $27,500,000 | $55,000,000" |
(This amendment provides $27.5 million GF the first year and $55.0 million Gf the second year for higher education institution operating costs. The introduced budget bill included 50 percent of the funding provided in the prior biennium in the first year, and this unified amendment fully supports the first year and continues the funding in the second year of the biennium. State operating support for higher education limits tuition and fee increases for students.)