2011 Session

Budget Bill - HB1500 (Chapter 890)

Virginia Institute of Marine Science

Item 156

Item 156

First Year - FY2011Second Year - FY2012
Financial Assistance for Educational and General Services (11000)$23,054,059$23,054,059
Sponsored Programs (11004)FY2011 $23,054,059FY2012 $23,054,059
Fund Sources:  
Higher Education OperatingFY2011 $23,054,059FY2012 $23,054,059

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.