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2012 Special Session I

Budget Bill - HB1300 (Chapter 2)

Virginia Institute of Marine Science

Item 156

Item 156 (Not set out)

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.