2007 Session

Budget Bill - HB1650 (Chapter 847)

Virginia Institute of Marine Science

Item 161

Item 161

First Year - FY2007Second Year - FY2008
Financial Assistance for Educational and General Services (11000)$22,818,969$22,818,969
Sponsored Programs (11004)FY2007 $22,818,969FY2008 $22,818,969
Fund Sources:  
GeneralFY2007 $155,000FY2008 $155,000
Higher Education OperatingFY2007 $22,663,969FY2008 $22,663,969

Authority: Title 23, Chapter 5 and Title 28.2, Chapter 11, Code of Virginia.

A.  The Higher Education Operating fund source listed in this Item is considered to be a sum sufficient appropriation, which is an estimate of funding required by the Institute to cover sponsored program operations.

B. Out of the amounts for sponsored programs $50,000 the first year and $50,000 the second year in nongeneral funds shall be paid from the Marine Fishing Improvement Fund to support the Mariculture and Marine Product Advisory Program.