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2018 Special Session I

Budget Bill - HB5002 (Chapter 2)

Virginia Commonwealth University

Item 206

Item 206

First Year - FY2019Second Year - FY2020
Financial Assistance For Educational and General Services (11000)$299,137,393$299,137,393
Eminent Scholars (11001)FY2019 $3,045,800FY2020 $3,045,800
Sponsored Programs (11004)FY2019 $296,091,593FY2020 $296,091,593
Fund Sources:  
GeneralFY2019 $14,012,500FY2020 $14,012,500
Higher Education OperatingFY2019 $266,018,613FY2020 $266,018,613
Debt ServiceFY2019 $19,106,280FY2020 $19,106,280

Authority: Title 23.1, Chapter 23, Code of Virginia.


A. Out of this appropriation, $1,162,500 the first year and $1,162,500 the second year from the general fund and $6,600,000 the first year and $6,600,000 the second year from nongeneral funds are designated to build research capacity in the areas of biomedical engineering and regenerative medicine.


B. Out of this appropriation, $12,500,000 the first year and $12,500,000 the second year from the general fund is designated for the support of cancer research.


C. Out of this appropriation, $350,000 the first year and $350,000 the second year from the general fund is designated to support the Parkinson's and Movement Disorders Center.


D. 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 university to cover sponsored program operations.