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
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 1, 2018 Acts of Assembly $219,804,905 $893,114,463 $1,112,919,368
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $214,116,389 $914,814,463 $1,128,930,852
2018-2020 2019 Chapter 854, 2019 Acts of Assembly $224,583,999 $1,021,190,875 $1,245,774,874
2018-2020 2019 Previous Legislative Appropriation $224,583,999 $971,590,875 $1,196,174,874
2018-2020 2019 Governor's Amendments $0 $49,600,000 $49,600,000
2018-2020 2019 General Assembly Adjustments $0 $0 $0
2018-2020 2020 Chapter 854, 2019 Acts of Assembly $232,510,818 $1,022,812,957 $1,255,323,775
2018-2020 2020 Previous Legislative Appropriation $230,071,672 $971,590,875 $1,201,662,547
2018-2020 2020 Governor's Amendments $2,204,146 $51,222,082 $53,426,228
2018-2020 2020 General Assembly Adjustments $235,000 $0 $235,000
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
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 1, 2018 Acts of Assembly 1,507.80 3,792.29 5,300.09
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 1,507.80 3,792.29 5,300.09
2018-2020 2019 Chapter 854, 2019 Acts of Assembly 1,507.80 3,792.29 5,300.09
2018-2020 2019 Previous Legislative Appropriation 1,507.80 3,792.29 5,300.09
2018-2020 2019 Governor's Amendments 0.00 0.00 0.00
2018-2020 2019 General Assembly Adjustments 0.00 0.00 0.00
2018-2020 2020 Chapter 854, 2019 Acts of Assembly 1,507.80 3,792.29 5,300.09
2018-2020 2020 Previous Legislative Appropriation 1,507.80 3,792.29 5,300.09
2018-2020 2020 Governor's Amendments 0.00 0.00 0.00
2018-2020 2020 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Increase nongeneral fund appropriation to reflect additional tuition and fee revenue Decision Package
  Adjusts the nongeneral fund appropriation to support Educational and General (E&G) programs. The additional revenue is generated from tuition and fee rates approved by the university's board of visitors.
 
  FY FY
Nongeneral Fund $28,300,000 $28,300,000
•
Increase nongeneral fund appropriation to reflect additional grant and contract activity Decision Package
  Adjusts the nongeneral fund appropriation to reflect the award of new sponsored grant funding from the Gates Foundation to create the Medicines for All Institute at Virginia Commonwealth University.
 
  FY FY
Nongeneral Fund $10,300,000 $10,300,000
•
Increase nongeneral fund appropriation to reflect additional auxiliary enterprise revenue Decision Package
  Adjusts the nongeneral fund appropriation to account for increased spending in support of financial aid awards and salary/fringe benefit changes with revenue from dining and retail services, and to fund emergency repairs at the Siegel Center.
 
  FY FY
Nongeneral Fund $10,000,000 $10,000,000
•
Increase undergraduate student financial assistance Decision Package
  Increases funding for need-based financial aid for in-state undergraduate students.
 
  FY FY
General Fund $0 $2,204,146
•
Increase nongeneral fund appropriation to reflect additional revenue to support State Health Services Decision Package
  Adjusts the nongeneral fund appropriation to account for additional university services provided to the VCU Health System in the areas of communications, marketing, donor relations and facility planning.
 
  FY FY
Nongeneral Fund $1,000,000 $1,000,000
•
Increase nongeneral fund appropriation to reflect additional tuition revenue to support financial aid Decision Package
  Adjusts the nongeneral fund appropriation for financial aid to support undergraduate and graduate students. The additional revenue is generated from tuition approved by the university's board of visitors.
 
  FY FY
Nongeneral Fund $0 $1,622,082
•
Transfer nongeneral funds between fund details to address appropriation needs Decision Package
  Moves nongeneral funds among fund details to provide sufficient appropriation to cover debt service on the new Allied Health Professions Building.
•
VCU - Wilder School Public Policy Programs General Assembly Adjustment
  This amendment provides $160,000 from the general fund in the second year to increase the existing Virginia Commonwealth University Education Policy Institute's appropriation from $32,753 to $192,753 to allow for the creation of a legislative aide leadership development program and the creation of a legislative briefing and translated research analysis program.
 
  FY FY
General Fund $0 $160,000
•
VCU - School of Medicine Substance Abuse Fellowship General Assembly Adjustment
  This amendment provides funding for at substance abuse fellowship at VCU School of Medicine.
 
  FY FY
General Fund $0 $75,000
Capital Project Requests (in order of largest to smallest)
•
Virginia Alcoholic Beverage Control Authority Property Transfer
  Provides authority for Virginia Commonwealth University to purchase, at a fair market price, the Alcoholic Beverage Control (ABC) Authority's central office and warehouse property once ABC moves into a new facility.
•
CO - VCU - Construction: Engineering Research Expansion
  This amendment provides $6.5 million of 9(D) Revenue Bonds to support construction of the Engineering Research Expansion capital project authorized under ยง 1.B.2 of Chapter 759 (2016) and in Item C-19 of Chapter 1 (2018) for Virginia Commonwealth University. The requested debt authorization replaces interim financing through indirect cost recovery funds. The University states that there is no increase in the total cost of the project.
 
  FY FY
Nongeneral Fund $6,541,000 $0
•
CO - VCU - Acquire Property
  This language only amendment requires that at such time as the Alcoholic Beverage Control Authority's Central Office and Warehouse is no longer needed for their purposes, it shall offer to sell the property to Virginia Commonwealth University prior to offering it for sale to any other public or private entity. The amended language approved by the General Assembly requires the Department of General Services (DGS), in consultation with the Alcoholic Beverage Control Authority, to determine a fair market value for the sale of the property. DGS will obtain two independent appraisals and offer the property to VCU at a fair market value. Prior to the sale of property to VCU, the university shall prepare a master plan for development of the property for submission to the Chairmen of the House Appropriations and Senate Finance Committees.


p3_bullets - Official Enacted Budget - 06-05-2025 20:35:09