University of Virginia (207)
| Request Title | Increase nongeneral fund appropriation to reflect additional indirect cost recoveries |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Category | Technical Adjustment |
| Region | Central Virginia |
Description
|
Adjusts the nongeneral fund appropriation for sponsored programs to reflect additional indirect cost recoveries. The increase will allow the university to account for expenditure recoveries in the new financial model. No new programs or services are being added. This is simply a change in accounting practices for charges to the individual academic schools for services provided by Educational and General programs. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $39,671,386 | $39,671,386 | |
| 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 2020 | FY 2021 |
| 110 | Financial Assistance For Educational And General Services | $39,671,386 | $39,671,386 | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 03030 | Indirect Cost Recovery | $39,671,386 | $39,671,386 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 18:17:16
