The College of William and Mary in Virginia [204]
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 $42,893,893 $220,869,201 $263,763,094
2010-2012 2012 Chapter 2, 2012 Acts of Assembly $39,161,091 $214,107,042 $253,268,133
2012-2014 2013 Chapter 1, 2014 Acts of Assembly $40,663,169 $244,305,056 $284,968,225
2012-2014 2014 Chapter 1, 2014 Acts of Assembly $42,402,263 $250,399,747 $292,802,010
2014-2016 2015 Chapter 732, 2016 Acts of Assembly $42,509,056 $272,071,920 $314,580,976
2014-2016 2016 Chapter 732, 2016 Acts of Assembly $43,739,360 $272,307,120 $316,046,480
2016-2018 2017 Chapter 780, 2016 Appropriation Act $47,965,773 $288,618,309 $336,584,082
2016-2018 2017 Base Budget $43,739,360 $272,307,120 $316,046,480
2016-2018 2017 Governor's Amendments $3,624,884 $16,311,189 $19,936,073
2016-2018 2017 General Assembly Adjustments $601,529 $0 $601,529
2016-2018 2018 Chapter 780, 2016 Appropriation Act $47,939,440 $288,618,309 $336,557,749
2016-2018 2018 Base Budget $43,739,360 $272,307,120 $316,046,480
2016-2018 2018 Governor's Amendments $3,127,304 $16,311,189 $19,438,493
2016-2018 2018 General Assembly Adjustments $1,072,776 $0 $1,072,776
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2010-2012 2011 Chapter 2, 2012 Acts of Assembly 542.66 868.96 1,411.62
2010-2012 2012 Chapter 2, 2012 Acts of Assembly 542.66 868.96 1,411.62
2012-2014 2013 Chapter 1, 2014 Acts of Assembly 542.66 868.96 1,411.62
2012-2014 2014 Chapter 1, 2014 Acts of Assembly 542.66 868.96 1,411.62
2014-2016 2015 Chapter 732, 2016 Acts of Assembly 542.66 882.96 1,425.62
2014-2016 2016 Chapter 732, 2016 Acts of Assembly 545.16 882.96 1,428.12
2016-2018 2017 Chapter 780, 2016 Appropriation Act 545.16 882.96 1,428.12
2016-2018 2017 Base Budget 545.16 882.96 1,428.12
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 780, 2016 Appropriation Act 545.16 882.96 1,428.12
2016-2018 2018 Base Budget 545.16 882.96 1,428.12
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 authority to reflect additional tuition revenue to support student financial assistance Base Budget Adjustment
  Adjusts appropriation to reflect additional tuition resources being allocated to support the William and Mary Promise and fellowships associated with the law school.
 
  FY FY
Nongeneral Fund $2,400,000 $2,400,000
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes in state employee retirement rates to 80 percent of the Virginia Retirement System Board certified rates budgeted in Central Appropriations, Item 467.H. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $501,260 $501,260
Nongeneral Fund $1,085,401 $1,085,401
•
Continue fiscal year 2016 faculty salary increase funding Base Budget Adjustment
  Continues the funding for the faculty salary increase amounts authorized in Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $117,113 $117,113
Nongeneral Fund $1,339,241 $1,339,241
•
Adjust appropriation for centrally funded health insurance costs Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 467.G. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $456,777 $456,777
Nongeneral Fund $988,371 $988,371
•
Increase nongeneral fund appropriation authority to reflect increased tuition and fee revenues in educational and general programs Base Budget Adjustment
  Adjusts appropriation to reflect the budget approved by the board of visitors to support the institution's educational and general programs.
 
  FY FY
Nongeneral Fund $1,000,000 $1,000,000
•
Adjust appropriation to accelerate the employer retirement contribution phase in schedule Base Budget Adjustment
  Adjusts appropriation for changes in employee retirement rates to 90 percent of the Virginia Retirement System Board certified rate budgeted in Central Appropriations, Item 467.U. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $278,462 $278,462
Nongeneral Fund $607,932 $607,932
•
Adjust appropriation for the centrally funded two percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the two percent salary increase for state employees budgeted in Central Appropriations, Item 467.P. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $199,127 $199,127
Nongeneral Fund $484,586 $484,586
•
Adjust appropriation for the centrally funded compression pay adjustment for state employees Base Budget Adjustment
  Adjusts appropriation for the compression pay adjustment for state employees budgeted in Central Appropriations, Item 467.Q. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $167,482 $167,482
Nongeneral Fund $348,840 $348,840
•
Transfer funding to support undergraduate in-state financial aid Base Budget Adjustment
  Transfers amounts to certain institutions of higher education to support increased access for undergraduate in-state students as provided in Item 464.10 of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $440,000 $440,000
•
Increase nongeneral fund appropriation to support work study Base Budget Adjustment
  Adjusts appropriation to provide additional support for increased work study in the educational and general programs.
 
  FY FY
Nongeneral Fund $200,000 $200,000
•
Adjust appropriation for changes in information technology costs Base Budget Adjustment
  Adjusts appropriation for the changes in information technology costs budgeted in Central Appropriations, Items 468.M. and 470.B. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $23,986 $23,986
Nongeneral Fund $107,554 $107,554
•
Increase nongeneral fund appropriation to reflect additional revenue resulting from the sale of surplus property Base Budget Adjustment
  Adjusts appropriation to reflect additional funding resulting from the sale of educational and general surplus property.
 
  FY FY
Nongeneral Fund $100,000 $100,000
•
Adjust appropriation for centrally funded state employee other post employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes in state employee other post employment benefit rates budgeted in Central Appropriations, Item 467.K.3. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $31,123 $31,123
Nongeneral Fund $64,313 $64,313
•
Adjust appropriation for the centrally funded two percent salary increase for state employees in high turnover roles Base Budget Adjustment
  Adjusts appropriation for the two percent salary increase for state employees in high turnover roles budgeted in Central Appropriations, Item 467.T. of Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $27,650 $27,650
Nongeneral Fund $65,638 $65,638
•
Adjust appropriation for a salary increase for security officer roles Base Budget Adjustment
  Adjusts appropriation for a $1,000 salary increase for employees in Security Officer I and III roles.
 
  FY FY
General Fund $839 $839
Nongeneral Fund $1,752 $1,752
•
Adjust appropriation for the centrally funded increase in internal service fund costs due to salary adjustments Base Budget Adjustment
  Adjusts appropriation to agencies to offset increases in internal service fund costs due to the salary and benefit adjustments in Chapter 665, 2015 Acts of Assembly.
 
  FY FY
General Fund $41 $41
Nongeneral Fund $182 $182
•
Increase nongeneral fund appropriation to support auxiliary enterprise activities Decision Package
  Adjusts appropriation to reflect increased expenditures associated with food and residential services.
 
  FY FY
Nongeneral Fund $5,951,871 $5,951,871
•
Increase nongeneral fund appropriation to support undergraduate financial assistance Decision Package
  Adjusts appropriation to reflect additional undergraduate financial aid approved by the board of visitors.
 
  FY FY
Nongeneral Fund $900,000 $900,000
•
Provide funding to increase access and completion Decision Package
  Incentivizes higher education institutions to educate and graduate more Virginians and supports underrepresented students' college completion.
 
  FY FY
General Fund $715,930 $715,930
•
Increase nongeneral fund appropriation to reflect increased debt service payments for an auxiliary services capital project Decision Package
  Adjusts appropriation necessary to pay debt service associated with the Integrative Wellness Center, which is currently under construction.
 
  FY FY
Nongeneral Fund $665,508 $665,508
•
Fund the Presidential Precinct initiative Decision Package
  Provides funding for a collaboration among the College of William and Mary, University of Virginia, Monticello, Montpelier, and Ash Lawn - Highland to empower young leaders from the world's emerging democracies through education, collaboration, and digital networking.
 
  FY FY
General Fund $500,000 $0
•
Increase undergraduate student financial assistance Decision Package
  Increases funding for need-based financial aid for in-state undergraduate students.
 
  FY FY
General Fund $131,919 $131,919
•
Adjust appropriation to support workers' compensation premiums Decision Package
  Supports the agency's workers' compensation premiums based on the allocation of program costs provided by the Department of Human Resource Management. The allocation is based on the historical experience of the agency and reflects the current policy of providing agencies with 50 percent of any increased costs and allowing agencies to retain 50 percent of any reduced costs.
 
  FY FY
General Fund $27,991 $30,177
•
Adjust appropriation for the costs of the new Cardinal financial system Decision Package
  Reflects the agency's share of the costs of the new Cardinal accounting system. The Department of Accounts allocates the yearly cost of the system to agencies based upon the number of transactions the agency completed in the previous fiscal year.
 
  FY FY
General Fund $5,453 $5,687
•
Adjust appropriation to support Line of Duty Act premiums Decision Package
  Adjusts the agency's appropriation based on the premium rates set by the Virginia Retirement System and most recent roster of eligible state employees.
 
  FY FY
General Fund ($269) ($269)
•
Transfer nongeneral fund appropriation between programs Decision Package
  Transfers nongeneral fund appropriation from sponsored programs to educational and general programs to accurately reflect support for the institution's eminent scholars resulting in a zero sum adjustment.
•
Support Access and Affordability General Assembly Adjustment
  This amendment provides additional general funds to support the goals of access, affordability, quality and increased degrees. It also reflects legislative intent with regard to in-state undergraduate tuition increases.
 
  FY FY
General Fund $478,828 $1,026,778
•
Increase Graduate Financial Aid General Assembly Adjustment
  This amendment provides funding for graduate financial aid based on the State Council of Higher Education for Virginia's recommendations.
 
  FY FY
General Fund $122,701 $177,917
•
Move Financial Aid to SCHEV General Assembly Adjustment
  This amendment and other companion amendments move the proposed new financial aid funding for fiscal year 2018 into the State Council of Higher Education for Virginia. The distribution of these financial aid funds will be recommended prior to the 2018 Session by the Joint Subcommittee on the Future Competitiveness of Virginia Higher Education as part of its financial aid reform review.
 
  FY FY
General Fund $0 ($131,919)
Capital Project Requests (in order of largest to smallest)
•
Improve Athletic Facilities
  Provides funding for improvements to various athletic facilities to maintain, improve, or replace existing practice/competition venues and associated support facilities. The project will be funded from the issuance of 9(d) revenue bonds.
 
  FY FY
Nongeneral Fund $5,000,000 $0
•
Improve Auxilliary Facilities
  Provides funding for improvements to the institution's auxiliary services facilities (dining, parking, recreation, student services, etc.) and associated administrative facilities. The project will be funded from the issuance of 9(d) revenue bonds.
 
  FY FY
Nongeneral Fund $5,000,000 $0
•
Renovate Dormitories
  Provides funding for exterior and interior repairs and renovations to the institution's student housing to ensure a safe, operational, and code compliant residential environment. The project will be funded from the issuance of 9(c) revenue bonds.
 
  FY FY
Nongeneral Fund $2,500,000 $0


p3_bullets - Official Enacted Budget - 06-06-2025 14:05:10