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Base Budget Adjustment
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