2015 Session

Budget Bill - HB1400 (Introduced)

View Item amendments

Richard Bland College

Item 155

Item 155

First Year - FY2015Second Year - FY2016
Educational and General Programs (10000)$10,179,432
Higher Education Instruction (100101)FY2015 $4,678,828
FY2016 $4,680,073
Higher Education Public Services (100103)FY2015 $4,500FY2016 $4,500
Higher Education Academic (100104)FY2015 $468,665FY2016 $468,665
Higher Education Student Services (100105)FY2015 $1,016,857
FY2016 $1,016,857
Higher Education Institutional Support (100106)FY2015 $2,566,321
FY2016 $2,566,321
Operation and Maintenance Of Plant (100107)FY2015 $1,444,261FY2016 $1,444,261
Fund Sources:  
GeneralFY2015 $5,693,492
FY2016 $5,694,737
Higher Education OperatingFY2015 $4,485,940FY2016 $4,485,940

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. 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 § 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.