2010 Session

Budget Bill - HB29 (Chapter 872)

Richard Bland College

Item 160

Item 160 (Not set out)

First Year - FY2009Second Year - FY2010
Educational and General Programs (10000)$9,213,482$9,258,482
Higher Education Instruction (100101)FY2009 $3,651,944FY2010 $3,696,944
Higher Education Public Services (100103)FY2009 $4,500FY2010 $4,500
Higher Education Academic Support (100104)FY2009 $508,800FY2010 $508,800
Higher Education Student Services (100105)FY2009 $1,008,422FY2010 $1,008,422
Higher Education Institutional Support (100106)FY2009 $2,734,373FY2010 $2,734,373
Operation and Maintenance of Plant (100107)FY2009 $1,305,443FY2010 $1,305,443
Fund Sources:  
GeneralFY2009 $6,017,200FY2010 $6,062,200
Higher Education OperatingFY2009 $3,196,282FY2010 $3,196,282

Authority: Title 23, Chapter 5, Code of Virginia.

A. This Item includes general and nongeneral fund appropriations to support institutional initiatives that help meet statewide goals described in the Restructured Higher Education Financial and Administrative Operations Act of 2005 (Chapters 933 and 945, 2005 Acts of Assembly).

B. Out of this appropriation $109,256 from the general fund and $54,056 from nongeneral funds the first year and $109,256 from the general fund and $54,056 from nongeneral funds the second year is provided for the third and fourth of five annual payments for the procurement of several information technology support items totaling $720,000.  The annual payment in year five is expected to be $109,256 from the general fund and $54,056 from nongeneral funds.

C. As Virginia's public colleges and universities approach full funding of the base adequacy guidelines and as the General Assembly strives to fully fund the general fund share of the base adequacy guidelines, these funds are provided with the intent that, in exercising their authority to set tuition and fees, the Board of Visitors shall take into consideration the impact of escalating college costs for Virginia students and families.  In accordance with the cost-sharing goals set forth in Section 4-2.01 b. of this act, the Board of Visitors is encouraged to limit increases on tuition and mandatory educational and general fees for in-state, undergraduate students to the extent possible.