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2014 Special Session I

Budget Bill - HB5001 (Chapter 1)

Virginia Institute of Marine Science

Item 163

Item 163 (Not set out)

First Year - FY2013Second Year - FY2014
Financial Assistance for Educational and General Services (11000)$23,129,059$23,129,059
Eminent Scholars (11001)FY2013 $75,000FY2014 $75,000
Sponsored Programs (11004)FY2013 $23,054,059FY2014 $23,054,059
Fund Sources:  
Higher Education OperatingFY2013 $23,129,059FY2014 $23,129,059

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 from nongeneral funds shall be paid from the Marine Fishing Improvement Fund to support the Mariculture and Marine Product Advisory Program.