2006 Special Session I

Budget Bill - SB5001 (Introduced)

Christopher Newport University

Item 168

Item 168 (Not set out)

First Year - FY2005Second Year - FY2006
Educational and General Programs (10000)$37,614,034$41,268,537
Higher Education Instruction (100101)FY2005 $21,625,453FY2006 $24,719,227
Higher Education Public Services (100103)FY2005 $8,299FY2006 $8,299
Higher Education Academic Support (100104)FY2005 $4,769,422FY2006 $4,769,422
Higher Education Student Services (100105)FY2005 $3,192,644FY2006 $3,192,644
Higher Education Institutional Support (100106)FY2005 $4,206,004FY2006 $4,206,004
Operation and Maintenance of Plant (100107)FY2005 $3,812,212FY2006 $4,372,941
Fund Sources:  
GeneralFY2005 $22,071,183FY2006 $24,153,234
Higher Education OperatingFY2005 $15,542,851FY2006 $17,115,303

Authority: Title 23, Chapter 5.3, Code of Virginia.

A. Out of this appropriation, $159,840 the first year and $159,840 the second year from the general fund is designated for the costs to lease and equip space for activities related to technology transfer, research, and graduate work.

B. Christopher Newport University shall report to the State Council of Higher Education for Virginia no later than May 1 of each year its tuition, fee, and all other nongeneral fund revenues, in a manner as prescribed by the State Council of Higher Education for Virginia. The report shall include revenues from the current fiscal year and a projection of anticipated revenues for the next fiscal year.

C. Out of this appropriation, $1,987,073 the first year and $3,269,605 the second year from the general fund is provided to address base funding needs identified by the Joint Subcommittee Studying Higher Education Funding Policies and to mitigate the pressure on student tuition and fees. These amounts reflect a portion of the additional general fund support needed to provide adequate base support of the institution's core academic function. These additional funds will allow the institution to serve more students; retain existing students more effectively; increase the number of students receiving a degree or certificate, particularly in fields where the Commonwealth faces critical workforce shortages; and enhance the quality and rigor of its academic programs. The Secretary of Education shall monitor the institution's efforts to meet these objectives and other statewide needs.