LIS > Budget Bill > Item 216 > 2014 Special Session I

Virginia Military Institute (211)

216.	Educational and General Programs (10000)	35,392,806	35,395,603

	Higher Education Instruction (100101)	14,464,371	14,464,371
	Higher Education Public Services (100103)	67,237	67,237
	Higher Education Academic Support (100104)	5,359,489	5,359,489
	Higher Education Student Services (100105)	2,484,209	2,484,209
	Higher Education Institutional Support (100106)	6,274,896	6,277,693
	Operation and Maintenance of Plant (100107)	6,742,604	6,742,604

Fund Sources:	General	9,075,052	9,077,845
	Higher Education Operating	25,917,754	25,917,758
	Debt Service	400,000	400,000

Authority: Title 23, Chapter 10, Code of Virginia.

A. This Item includes general and nongeneral fund appropriations to support institutional initiatives that help meet statewide goals as 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.

C. Resources determined by the State Council of Higher Education for Virginia to be uniquely military shall be excluded from the base adequacy funding guidelines.

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