2008 Session

Budget Bill - HB30 (Introduced)

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Old Dominion University

Item 185

Item 185

First Year - FY2009Second Year - FY2010
Financial Assistance for Educational and General Services (11000)$17,417,163$13,417,163
Eminent Scholars (11001)FY2009 $421,387FY2010 $421,387
Sponsored Programs (11004)FY2009 $16,995,776FY2010 $12,995,776
Fund Sources:  
GeneralFY2009 $4,000,000FY2010 $0
Higher Education OperatingFY2009 $13,417,163FY2010 $13,417,163

Authority: Title 23, Chapter 5.2, Code of Virginia.

A. Out of this appropriation, $4,000,000 from the general fund and $4,500,000 from nongeneral funds the first year and $4,500,000 the second year from nongeneral funds is designated to support research capacity in modeling and simulation.  This reflects the Commonwealth's commitment to research with an emphasis on the development of self-sustaining enterprises that continue beyond the 2008-2010 biennium.

B. 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 university to cover sponsored program operations.