Radford University (217)
177. | Educational and General Programs (10000) | 95,996,874 | 83,125,116
| | | 100,185,812 | 87,223,757
| | | |
| | Higher Education Instruction (100101) | 53,957,070 | 42,468,176
| | | 56,792,829 | 45,213,638
| | Higher Education Public Services (100103) | 600,538 | 600,538
| | | 600,948 | 600,948
| | Higher Education Academic Support (100104) | 9,447,686 | 9,447,686
| | | 9,575,769 | 9,561,650
| | Higher Education Student Services (100105) | 4,477,224 | 4,477,224
| | | 4,901,283 | 4,901,283
| | Higher Education Institutional Support (100106) | 17,129,701 | 15,746,837
| | | 17,638,971 | 16,270,242
| | Operation and Maintenance of Plant (100107) | 10,384,655 | 10,384,655
| | | 10,676,012 | 10,675,996
| | | |
| Fund Sources: | General | 42,386,924 | 36,328,928
| | Higher Education Operating | 53,609,950 | 46,796,188
| | | 57,798,888 | 50,894,829
|
Authority: Title
23, Chapter 11.1, 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. Out of this
appropriation, $840,781 the first year from the general fund and $542,083 the
first year from nongeneral funds is provided to assist with the final payment
for the purchase and installation of the university's administrative
information system.
C. Out of this
appropriation $327,852 the first year from the general fund and $211,379 the
first year from nongeneral funds is to assist with the final annual payment for
the purchase of nursing education equipment for the laboratories. The total
cost of the equipment is $2,421,000.
D. 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.
E. Out of this
appropriation, $6,060,300 $6,150,597 the first year from
nongeneral funds is provided to support educational and general programs and
student financial assistance. The source of the nongeneral funds
is the State Fiscal Stabilization Fund from the American Recovery and
Reinvestment Act of 2009. This funding is intended to moderate the
general fund reductions to the institution, as well as moderate the need for
tuition and fee increases and increase student access. The institution is
authorized to spend this funding in either the first year or the first
quarter of the second year. Prior to release of this funding, the
institution shall provide a plan to the Governor delineating the
respective portion of this funding to be used for educational and general
program funding and financial assistance, and the year it will be spent.
In addition, the plan shall include anticipated tuition and fee increases
for the first and second year of the biennium. The amounts
appropriated are an estimate, and may be modified by the Director,
Department of Planning and Budget, depending on final
budget reduction actions taken to higher education and public
education in the final budget bill enacted for the 2008-10 biennium.
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