Virginia Commonwealth University [236]
Secretarial Area: Education
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
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Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly $182,964,379 $760,511,620 $943,475,999
2010-2012 2012 Chapter 2, 2012 Acts of Assembly $171,074,197 $736,939,400 $908,013,597
2012-2014 2013 Chapter 1, 2014 Acts of Assembly $182,372,124 $826,552,715 $1,008,924,839
2012-2014 2014 Chapter 1, 2014 Acts of Assembly $189,122,320 $851,328,132 $1,040,450,452
2014-2016 2015 Chapter 732, 2016 Acts of Assembly $193,707,053 $885,653,744 $1,079,360,797
2014-2016 2016 Chapter 732, 2016 Acts of Assembly $199,048,008 $886,153,744 $1,085,201,752
2016-2018 2017 Chapter 836, 2017 Acts of Assembly $219,804,905 $893,114,463 $1,112,919,368
2016-2018 2017 Previous Legislative Appropriation $219,804,905 $893,114,463 $1,112,919,368
2016-2018 2017 Governor's Amendments ($3,210,947) $0 ($3,210,947)
2016-2018 2017 General Assembly Adjustments $3,210,947 $0 $3,210,947
2016-2018 2018 Chapter 836, 2017 Acts of Assembly $214,116,389 $914,814,463 $1,128,930,852
2016-2018 2018 Previous Legislative Appropriation $217,717,363 $893,114,463 $1,110,831,826
2016-2018 2018 Governor's Amendments ($7,326,664) $21,700,000 $14,373,336
2016-2018 2018 General Assembly Adjustments $3,725,690 $0 $3,725,690
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly 1,507.80 3,792.29 5,300.09
2010-2012 2012 Chapter 2, 2012 Acts of Assembly 1,507.80 3,792.29 5,300.09
2012-2014 2013 Chapter 1, 2014 Acts of Assembly 1,507.80 3,792.29 5,300.09
2012-2014 2014 Chapter 1, 2014 Acts of Assembly 1,507.80 3,792.29 5,300.09
2014-2016 2015 Chapter 732, 2016 Acts of Assembly 1,507.80 3,792.29 5,300.09
2014-2016 2016 Chapter 732, 2016 Acts of Assembly 1,507.80 3,792.29 5,300.09
2016-2018 2017 Chapter 836, 2017 Acts of Assembly 1,507.80 3,792.29 5,300.09
2016-2018 2017 Previous Legislative Appropriation 1,507.80 3,792.29 5,300.09
2016-2018 2017 Governor's Amendments 0.00 0.00 0.00
2016-2018 2017 General Assembly Adjustments 0.00 0.00 0.00
2016-2018 2018 Chapter 836, 2017 Acts of Assembly 1,507.80 3,792.29 5,300.09
2016-2018 2018 Previous Legislative Appropriation 1,507.80 3,792.29 5,300.09
2016-2018 2018 Governor's Amendments 0.00 0.00 0.00
2016-2018 2018 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Increase nongeneral fund appropriation to reflect additional auxiliary enterprise revenue Decision Package
  Adjusts nongeneral fund appropriation to address increased expenditures associated with current debt service schedules and the recent addition of the basketball training facility. In addition, increased funding will support student work study, dining and housing contracts, safety and security improvements to parking decks, increased student services ranging from additional staffing for Title IX to increased counseling staff to testing coordination staff for the Office of Disability Services, continuation of the new RamTech store, and providing on-site technology services.
 
  FY FY
Nongeneral Fund $0 $12,400,000
•
Reduce state support Decision Package
  Reduces state support to Virginia Commonwealth University by five percent.
 
  FY FY
General Fund $0 ($9,603,574)
•
Increase nongeneral fund appropriation to reflect additional tuition and fee revenue Decision Package
  Adjusts the nongeneral fund appropriation to account for higher tuition and fee collections. Under the university's new per credit hour model, students are taking more credit hours than expected, causing collections to be higher than originally projected.
 
  FY FY
Nongeneral Fund $0 $5,700,000
•
Recover nongeneral fund cost of Virginia Retirement System payment Decision Package
  Recovers the general fund equivalent of the nongeneral fund portion of the prepayment made to the Virginia Retirement System (VRS) to reduce VRS rates per employee. The FY 2018 amount is a one-time adjustment.
 
  FY FY
General Fund ($3,210,947) ($2,140,631)
•
Allocate undergraduate financial aid Decision Package
  Provides undergraduate financial aid in FY 2018 equal to the amount appropriated in FY 2017.
 
  FY FY
General Fund $0 $4,417,541
•
Increase nongeneral fund appropriation to reflect additional grants and contract revenue Decision Package
  Adjusts the nongeneral fund appropriation to support increased activity in the university's sponsored research programs.
 
  FY FY
Nongeneral Fund $0 $3,600,000
•
Transfer nongeneral fund appropriation between programs Decision Package
  Transfers nongeneral funds from educational and general programs to student financial aid to support need-based financial aid as approved by the institution's board of visitors.
•
Restore Virginia Retirement System Rate Savings General Assembly Adjustment
  This amendment restores the proposed general fund reduction related to nongeneral savings associated with the prepayment made to the Virginia Retirement System in the 2016 Session. A companion amendment in Part 3 correctly reverts the nongeneral savings.
 
  FY FY
General Fund $3,210,947 $2,140,631
•
Redistribute Reductions General Assembly Adjustment
  This amendment addresses the inequitable distribution of reductions to public colleges and universities and minimizes the overall impact on each institution's total educational and general (E & G) budget. The conference budget limits the impact on total E & G to 1.5 percent or less for all institutions not otherwise exempted from budget reductions.
 
  FY FY
General Fund $0 $1,585,059


p3_bullets - Official Enacted Budget - 11-03-2026 01:04:26