2023 Special Session I

Budget Bill - HB6001 (Enrolled)

The College of William and Mary in Virginia

Item 154

Item 154

First Year - FY2023Second Year - FY2024
Financial Assistance For Educational and General Services (11000)$32,524,929$32,524,929
Sponsored Programs (11004)FY2023 $32,524,929FY2024 $32,524,929
Fund Sources:  
GeneralFY2023 $75,000FY2024 $75,000
Higher Education OperatingFY2023 $32,264,735FY2024 $32,264,735
Debt ServiceFY2023 $185,194FY2024 $185,194

Authority: Title 23.1, Chapter 28, Code of Virginia.

A. Out of this appropriation, $75,000 the first year and $75,000 the second year from the general fund and $400,000 the first year and $400,000 the second year from nongeneral funds are designated to build research capacity in biomedical research and biomaterials engineering.

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 university to cover sponsored program operations.