Virginia Commonwealth University (236)
Request Title | Transfer funding from State Health Services to Educational and General Program |
Biennium | 2016-2018 |
Budget Round | Initial Bill |
Description
This base adjustment will be a permanent transfer of $4,000,000 from state health services to educationalal and general programs (E&G) to support the FY 2015 nongeneral fund appropriation from tuition and fee revenue. Historical data is not available on the new per credit hour model, and student behavior is still being observed as the model is in its second year of implementation. Currently, students have been taking more credit hours than projected, therefore revenue collections have been higher than expected, causing the need for additional appropriation in E&G programs. This revenue will continue to be required in the 2016-2018 biennium. This adjustment is a zero sum transfer. |
Funding Details
By Program | Program Code | Program Title | FY 2016 | FY 2017 |
101 | Higher Education Instruction | $4,000,000 | $4,000,000 | |
430 | State Health Services | ($4,000,000) | ($4,000,000) | |
By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
03000 | Higher Education Operating | $0 | $0 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-03-2025 22:50:18