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
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 Chapter1, 2024 Acts of Assembly $308,887,044 $1,082,527,680 $1,391,414,724
2022-2024 2024 Chapter1, 2024 Acts of Assembly $317,262,944 $1,082,737,680 $1,400,000,624
2024-2026 2025 Chapter 7, 2026 Acts of Assembly $393,370,914 $1,121,514,394 $1,514,885,308
2024-2026 2026 Chapter 7, 2026 Acts of Assembly $384,450,614 $1,182,514,394 $1,566,965,008
2026-2028 2027 Chapter 1. 2026 Acts of Assembly, Special Session I $416,273,125 $1,335,484,944 $1,751,758,069
2026-2028 2027 Base Budget $384,450,614 $1,182,514,394 $1,566,965,008
2026-2028 2027 Governor's Amendments $28,790,911 $152,970,550 $181,761,461
2026-2028 2027 General Assembly Adjustments $3,031,600 $0 $3,031,600
2026-2028 2028 Chapter 1. 2026 Acts of Assembly, Special Session I $414,158,125 $1,335,484,944 $1,749,643,069
2026-2028 2028 Base Budget $384,450,614 $1,182,514,394 $1,566,965,008
2026-2028 2028 Governor's Amendments $23,044,311 $152,970,550 $176,014,861
2026-2028 2028 General Assembly Adjustments $6,663,200 $0 $6,663,200
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
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 Chapter1, 2024 Acts of Assembly 1,507.80 3,792.29 5,300.09
2022-2024 2024 Chapter1, 2024 Acts of Assembly 1,507.80 3,792.29 5,300.09
2024-2026 2025 Chapter 7, 2026 Acts of Assembly 1,507.80 3,792.29 5,300.09
2024-2026 2026 Chapter 7, 2026 Acts of Assembly 1,507.80 3,792.29 5,300.09
2026-2028 2027 Chapter 1. 2026 Acts of Assembly, Special Session I 1,507.80 3,792.29 5,300.09
2026-2028 2027 Base Budget 1,507.80 3,792.29 5,300.09
2026-2028 2027 Governor's Amendments 0.00 0.00 0.00
2026-2028 2027 General Assembly Adjustments 0.00 0.00 0.00
2026-2028 2028 Chapter 1. 2026 Acts of Assembly, Special Session I 1,507.80 3,792.29 5,300.09
2026-2028 2028 Base Budget 1,507.80 3,792.29 5,300.09
2026-2028 2028 Governor's Amendments 0.00 0.00 0.00
2026-2028 2028 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Adjust appropriation for centrally funded salary increases for state employees Base Budget Adjustment
  Adjusts appropriation for the salary increases for state employees budgeted in Central Appropriations, Item 469 R. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $15,230,648 $15,230,648
Nongeneral Fund $23,370,170 $23,370,170
•
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 469 G. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $4,611,042 $4,611,042
Nongeneral Fund $7,354,945 $7,354,945
•
Adjust appropriation for centrally funded property insurance premium charges Base Budget Adjustment
  Adjusts appropriation for property insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 470 M. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $923,160 $923,160
Nongeneral Fund $862,800 $862,800
•
Adjust appropriation for centrally funded salary increase for adjunct faculty Base Budget Adjustment
  Adjusts appropriation for the salary increase for adjunct faculty budgeted in Central Appropriations, Item 469 T. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $633,303 $633,303
Nongeneral Fund $940,612 $940,612
•
Adjust appropriation for centrally funded salary increase for graduate teaching assistants Base Budget Adjustment
  Adjusts appropriation for the salary increase for graduate teaching assistants budgeted in Central Appropriations, Item 469 U. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $493,856 $493,856
Nongeneral Fund $1,015,438 $1,015,438
•
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 469 H. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($437,571) ($437,571)
Nongeneral Fund ($679,592) ($679,592)
•
Adjust appropriation for centrally funded 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 469 J. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($432,632) ($432,632)
Nongeneral Fund ($668,217) ($668,217)
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 469 O. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($155,730) ($155,730)
Nongeneral Fund ($482,234) ($482,234)
•
Adjust appropriation for centrally funded liability insurance premium charges Base Budget Adjustment
  Adjusts appropriation for liability insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 470 J. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $143,351 $143,351
Nongeneral Fund $177,636 $177,636
•
Adjust appropriation for centrally funded minimum wage increases Base Budget Adjustment
  Adjusts appropriation to reflect the assumed increase in the Virginia minimum wage effective January 1, 2026, and budgeted in Central Appropriations, Item 469 Q. of Chapter 725, 2025 Acts of Assembly. The amounts provided support the annualized general fund cost of increasing the Virginia minimum wage from $12.00 per hour to $12.89 per hour or the equivalent annual salary of $26,811. The actual minimum wage for January 1, 2026 will be communicated by the Commissioner of the Department of Labor and Industry by October 1, 2025.
 
  FY FY
General Fund $101,714 $101,714
Nongeneral Fund $155,672 $155,672
•
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 470 C. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($45,638) ($45,638)
Nongeneral Fund ($68,771) ($68,771)
•
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 470 F. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $37,278 $37,278
Nongeneral Fund $71,056 $71,056
•
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 470 D. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $31,250 $31,250
Nongeneral Fund $31,552 $31,552
•
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 469 N. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $8,060 $8,060
Nongeneral Fund $7,020 $7,020
•
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 470 E. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund ($240) ($240)
Nongeneral Fund ($4,102) ($4,102)
•
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 470 G. of Chapter 725, 2025 Acts of Assembly.
 
  FY FY
General Fund $2,460 $2,460
Nongeneral Fund ($483) ($483)
•
Adjust various nongeneral fund appropriation to reflect anticipated expenditures and operations Decision Package
  Increases the agency's nongeneral fund appropriation across various funds and programs to align with expected expenditures and operations.
 
  FY FY
Nongeneral Fund $120,887,048 $120,887,048
•
Expand the Commonwealth's healthcare workforce Decision Package
  Provides additional ongoing general fund support to expand health sciences degree production in support of the growing healthcare workforce demand in Virginia.
 
  FY FY
General Fund $1,900,000 $1,900,000
•
Increase operating support to maintain affordable access for in-state undergraduate students Decision Package
  Provides additional general fund to support operations at the institution and minimize potential tuition and fee increases on in-state undergraduate students.
 
  FY FY
General Fund $3,631,600 $0
•
Increase support for undergraduate financial aid Decision Package
  Provides additional general fund support for undergraduate need-based financial aid.
 
  FY FY
General Fund $2,115,000 $0
•
Adjust higher education operating and 9(d) debt nongeneral fund appropriation to distribute historical base budget adjustments Decision Package
  Adjusts the agency's higher education operating and 9(D) debt nongeneral fund appropriations to distribute historical base budget adjustments to the appropriate service area codes.
•
Adjust base budget to distribute Chapter 725 ongoing appropriation Decision Package
  Distributes ongoing Chapter 725, 2025 Acts of Assembly general fund appropriation to the appropriate subobject codes in the agency's base budget.
•
Remove language prohibiting the use of general fund to support engineering buildings Decision Package
  Removes obsolete language that required all costs for maintenance, operation, renovations, repairs, and improvements of engineering buildings to be financed from nongeneral funds.
•
VCU -Increase operating support to maintain affordable access for in-state undergraduate students (197 #1c) General Assembly Adjustment
  This amendment provides funding to restore funding provided in Chapter 725 of the 2025 Session for affordable access and tuition moderation not included in the introduced budget.
 
  FY FY
General Fund $3,631,600 $7,263,200
•
VCU - Repurpose Introduced Budget Initiative (197 #3c) General Assembly Adjustment
  This amendment repurposes proposed new funding in the introduced budget.
 
  FY FY
General Fund ($1,900,000) ($1,900,000)
•
VCU - Provide funding for Pauley Heart Center (199 #1c) General Assembly Adjustment
  This amendment provides funding for increased research and training at the Pauley Heart Center to include cardiac sonographer training, critical care and heart failure management training, clinical and translational research, and continuing education for urban and rural providers.
 
  FY FY
General Fund $1,000,000 $1,000,000
•
VCU - Provide funding for Virginia Memory Project (197 #2c) General Assembly Adjustment
  This amendment provides funding to support the work of the Virginia Memory Project at VCU's Center on Aging.
 
  FY FY
General Fund $300,000 $300,000


p3_bullets - Official Enacted Budget - 08-18-2026 03:09:42