Old Dominion University (221)
| Request Title | Recover nongeneral fund cost of Virginia Retirement System payment |
| Biennium | 2016-2018 |
| Budget Round | Amended Bill |
| Category | Savings - Other |
| Region | None |
Description
|
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. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | ($1,002,931) | ($668,621) | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
| 101 | Higher Education Instruction | ($1,002,931) | ($668,621) | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 01000 | General Fund | ($1,002,931) | ($668,621) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 07:57:42
