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2018 Special Session I

Budget Bill - HB5002 (HB5002S1)

Virginia Institute of Marine Science

Item 161

Item 161

First Year - FY2019Second Year - FY2020
Financial Assistance For Educational and General Services (11000)$24,091,561$24,091,561
Eminent Scholars (11001)FY2019 $75,000FY2020 $75,000
Sponsored Programs (11004)FY2019 $24,016,561FY2020 $24,016,561
Fund Sources:  
Higher Education OperatingFY2019 $24,091,561FY2020 $24,091,561

Authority: Title 23.1, Chapter 28 and Title 28.2, Chapter 11, Code of Virginia.


A. 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.


B. 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.