Virginia Polytechnic Institute and State University (208)
| Request Title | Adjust appropriation for centrally funded minimum wage increases |
| Biennium | 2022-2024 |
| Budget Round | Initial Bill |
| Category | Salary increases and regrades |
| Region | None |
Description
|
Adjusts appropriation to reflect the increases in the Virginia minimum wage effective May 1, 2021 and January 1, 2022, and budgeted in Central Appropriations, Item 477 T. of Chapter 552, 2021 Acts of Assembly, Special Session I. The amounts provided support the annualized general fund cost of increasing the Virginia minimum wage from $7.25 per hour to $11.00 per hour or the equivalent annual salary of $22,880. |
Funding Summary
| Object Type | FY 2022 | FY 2023 | |
| General Fund Dollars | $151,110 | $151,110 | |
| 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 2022 | FY 2023 |
| 101 | Higher Education Instruction | $151,110 | $151,110 | |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
| 01000 | General Fund | $151,110 | $151,110 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 14:47:07
