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
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 1283, 2020 Acts of Assembly $224,583,999 $1,021,190,875 $1,245,774,874
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $232,510,818 $1,022,812,957 $1,255,323,775
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $249,504,221 $1,063,693,833 $1,313,198,054
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $256,599,828 $1,063,693,833 $1,320,293,661
2022-2024 2023 Chapter 2, 2022 Acts of Assembly, Special Session 1 $308,887,044 $1,082,527,680 $1,391,414,724
2022-2024 2023 Base Budget $256,599,828 $1,063,693,833 $1,320,293,661
2022-2024 2023 Governor's Amendments $37,987,216 $18,833,847 $56,821,063
2022-2024 2023 General Assembly Adjustments $14,300,000 $0 $14,300,000
2022-2024 2024 Chapter 2, 2022 Acts of Assembly, Special Session 1 $314,762,944 $1,082,737,680 $1,397,500,624
2022-2024 2024 Base Budget $256,599,828 $1,063,693,833 $1,320,293,661
2022-2024 2024 Governor's Amendments $48,863,116 $19,043,847 $67,906,963
2022-2024 2024 General Assembly Adjustments $9,300,000 $0 $9,300,000
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
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 1283, 2020 Acts of Assembly 1,507.80 3,792.29 5,300.09
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 1,507.80 3,792.29 5,300.09
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 1,507.80 3,792.29 5,300.09
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 1,507.80 3,792.29 5,300.09
2022-2024 2023 Chapter 2, 2022 Acts of Assembly, Special Session 1 1,507.80 3,792.29 5,300.09
2022-2024 2023 Base Budget 1,507.80 3,792.29 5,300.09
2022-2024 2023 Governor's Amendments 0.00 0.00 0.00
2022-2024 2023 General Assembly Adjustments 0.00 0.00 0.00
2022-2024 2024 Chapter 2, 2022 Acts of Assembly, Special Session 1 1,507.80 3,792.29 5,300.09
2022-2024 2024 Base Budget 1,507.80 3,792.29 5,300.09
2022-2024 2024 Governor's Amendments 0.00 0.00 0.00
2022-2024 2024 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Adjust appropriation for centrally funded five percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the five percent salary increase for state employees budgeted in Central Appropriations, Item 477 X. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $10,553,025 $10,553,025
Nongeneral Fund $15,239,005 $15,239,005
•
Adjust appropriation for Affordable Access Base Budget Adjustment
  Moves funding in 262.80 paragraph A to institutions, per language requirement
 
  FY FY
General Fund $10,000,000 $10,000,000
•
Adjust appropriation for centrally funded changes to state health insurance premiums Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 477 G. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $999,673 $999,673
Nongeneral Fund $1,586,301 $1,586,301
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes to contribution rates for state employee retirement plans budgeted in Central Appropriations, Item 477 H. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $808,399 $808,399
Nongeneral Fund $1,219,566 $1,219,566
•
Adjust appropriation for centrally funded five percent salary increase for adjunct faculty Base Budget Adjustment
  Adjusts appropriation for the five percent salary increase for adjunct faculty budgeted in Central Appropriations, Item 477 BB. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $441,202 $441,202
Nongeneral Fund $590,087 $590,087
•
Adjust appropriation for centrally funded changes to agency information technology costs Base Budget Adjustment
  Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 478 C. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($103,193) ($103,193)
Nongeneral Fund ($173,043) ($173,043)
•
Adjust appropriation for centrally funded changes to Cardinal Human Capital Management System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Human Capital Management System internal service fund charges budgeted in Central Appropriations, Item 478 G. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $111,206 $111,206
Nongeneral Fund $162,320 $162,320
•
Adjust appropriation for centrally funded general liability premium charges Base Budget Adjustment
  Adjusts appropriation for general liability premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 478 J. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $73,364 $73,364
Nongeneral Fund $82,855 $82,855
•
Adjust appropriation for centrally funded internal service fund charges for the Personnel Management Information System Base Budget Adjustment
  Adjusts appropriation for Personnel Management Information System internal service fund charges budgeted in Central Appropriations, Item 478 I. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($59,132) ($59,132)
Nongeneral Fund ($92,267) ($92,267)
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 477 R. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $6,220 $6,220
Nongeneral Fund $18,159 $18,159
•
Adjust appropriation for centrally funded state employee other post-employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes to state employee other post-employment benefit rates budgeted in Central Appropriations, Item 477 K. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($8,482) ($8,482)
Nongeneral Fund ($10,338) ($10,338)
•
Adjust appropriation for centrally funded changes to Line of Duty Act premiums and enrollment Base Budget Adjustment
  Adjusts appropriation for Line of Duty Act premiums and enrollment changes budgeted in Central Appropriations, Item 477 Q. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $4,606 $4,606
Nongeneral Fund $4,718 $4,718
•
Adjust appropriation for centrally funded changes to agency rental costs Base Budget Adjustment
  Adjusts appropriation for changes to agency rental costs at the seat of government budgeted in Central Appropriations, Item 478 D. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $2,761 $2,761
Nongeneral Fund $2,783 $2,783
•
Adjust appropriation for centrally funded changes to Cardinal Financials System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 478 F. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($1,117) ($1,117)
Nongeneral Fund ($4,409) ($4,409)
•
Adjust appropriation for centrally funded changes to Performance Budgeting system charges Base Budget Adjustment
  Adjusts appropriation for changes to Performance Budgeting system internal service fund charges budgeted in Central Appropriations, Item 478 H. of Chapter 552, 2021 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($984) ($984)
Nongeneral Fund ($1,890) ($1,890)
•
Continue and increase funding for affordable access Decision Package
  Provides ongoing funding and increases affordable access amounts provided in paragraph D. of Item 262.80, Chapter 552, 2021 Special Session I.
 
  FY FY
General Fund $9,721,000 $9,721,000
•
Increase undergraduate student financial assistance Decision Package
  Increases funding for need-based financial aid for in-state undergraduate students.
 
  FY FY
General Fund $1,880,300 $12,221,800
•
Increase support for cancer research Decision Package
  Increases support for Virginia Commonwealth University's Massey Cancer Center to meet the growing need for advanced cancer research in the Commonwealth. Requires Virginia Commonwealth University to submit an annual report to the Governor and the Chairs of the House Appropriations and Senate Finance and Appropriations Committees on its use of state funds in cancer research.
 
  FY FY
General Fund $2,500,000 $2,500,000
•
Increase graduate student financial assistance Decision Package
  Increases funding for financial aid for state graduate students.
 
  FY FY
General Fund $650,800 $976,200
•
Provide funding for operations and maintenance of new facilities Decision Package
  Supports operation and maintenance costs for facilities coming online in fiscal year 2023.
 
  FY FY
General Fund $208,000 $417,000
Nongeneral Fund $210,000 $420,000
•
Increase support for partnership with the Virginia Repertory Theatre Decision Package
  Provides additional funding to support the partnership between Virginia Commonwealth University and the Virginia Repertory Theatre at the historic November Theatre.
 
  FY FY
General Fund $110,000 $110,000
•
Adjust appropriation for centrally funded minimum wage increases Decision Package
  Adjusts appropriation to reflect the increases in the Virginia minimum wage effective May 1, 2021 and January 1, 2022, and budgeted in Central Appropriations, Item 477 T. of Chapter 552, 2021 Acts of Assembly, Special Session I. The amounts provided support the annualized general fund cost of increasing the Virginia minimum wage from $7.25 per hour to $11.00 per hour or the equivalent annual salary of $22,880.
 
  FY FY
General Fund $89,568 $89,568
•
VCU - Affordable Access General Assembly Adjustment
  This amendment provides funding to maintain affordable access for in-state undergraduate students.
 
  FY FY
General Fund $7,800,000 $7,800,000
•
VCU - Increase Cancer Research Funding General Assembly Adjustment
  This amendment provides increased funding for the Massey Cancer Center.
 
  FY FY
General Fund $5,000,000 $0
•
VCU - Research Institute for Social Equity General Assembly Adjustment
  This amendment adds $1.5 million from the general fund each year of the biennium to support the expansion of programming at the Research Institute for Social Equity at Virginia Commonwealth University.
 
  FY FY
General Fund $1,500,000 $1,500,000


p3_bullets - Official Enacted Budget - 07-19-2025 02:06:17