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Base Budget Adjustment
Longwood University (214)
Request Title Adjust appropriation for centrally funded retirement rate changes
Biennium 2016-2018
Budget Round Initial Bill
Description

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. A companion adjustment provides funding to increase state employee retirement rates to 90 percent of the Virginia Retirement System Board certified rate.

Funding Details
By Program Program Code Program Title FY 2016 FY 2017
  101 Higher Education Instruction $374,727 $374,727
  103 Higher Education Public Services $6,793 $6,793
  104 Higher Education Academic Support $78,125 $78,125
  105 Higher Education Student Services $57,471 $57,471
  106 Higher Education Institutional Support $176,903 $176,903
  107 Operation And Maintenance Of Plant $63,690 $63,690
  809 Higher Education Auxiliary Enterprises $73,505 $73,505
By Fund Fund Code Fund Title FY 2016 FY 2017
  01000 General Fund $389,963 $389,963
  03000 Higher Education Operating $367,746 $367,746
  03060 Auxiliary Enterprise $73,505 $73,505
Authorized Position Details
By Program Program Code Program Title FY 2016 FY 2017


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-05-2025 17:58:56