1998 Special Session I

Budget Bill - HB4001 (Introduced)

Virginia Commonwealth University

Item 191

Item 191

First Year - FY1999Second Year - FY2000
Higher Education Auxiliary Enterprises (80900)$63,719,494$67,823,494
Food Services (80910)FY1999 $4,397,858FY2000 $4,647,858
Bookstores and other Stores (80920)FY1999 $10,893,174FY2000 $10,893,174
Residential Services (80930)FY1999 $6,427,874FY2000 $7,462,691
Parking and Transportation Systems and Services (80940)FY1999 $8,624,054FY2000 $8,949,737
Telecommunications Systems and Services (80950)FY1999 $5,400,473FY2000 $6,316,974
Student Health Services (80960)FY1999 $2,614,702FY2000 $2,689,702
Student Unions and Recreational Facilities (80970)FY1999 $5,972,173FY2000 $6,222,173
Recreational and Intramural Programs (80980)FY1999 $4,658,460FY2000 $4,668,050
Other Enterprise Functions (80990)FY1999 $8,749,000FY2000 $9,959,999
Intercollegiate Athletics (80995)FY1999 $5,981,726FY2000 $6,013,136
Fund Sources:  
Higher Education OperatingFY1999 $54,469,616FY2000 $57,463,616
Debt ServiceFY1999 $9,249,878FY2000 $10,359,878

Authority: Title 23, Chapter 6.1, Code of Virginia.

1. Virginia Commonwealth University is hereby authorized to use any unrestricted nongeneral funds in this appropriation to provide short-term loans to the Virginia Biotechnology Research Park Authority. Any such loan shall be used solely to make payments to contractors for work actually performed in advance of payments to the Virginia Biotechnology Research Park Authority from the federal Economic Development Administration for such expenses. Each loan shall be executed in writing and shall be repaid within the same state fiscal year in which the loan was issued.

2. By July 1 of each year, the University shall report to the Department of Planning and Budget on the amount and purpose of loans authorized for the Virginia Biotechnology Research Park Authority.