Eastern Virginia Medical School (274)
| Request Title | Support operations of the Eastern Virginia Health Sciences Center |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Category | New general fund spending initiatives |
| Region | None |
Description
|
Provides additional general fund support for ongoing operations of the Eastern Virginia Health Sciences Center (EVHSC) at Old Dominion University, pursuant to Chapters 756 and 778, 2023 Acts of Assembly. One-time funding in FY 2025 supports costs associated with the merger of Eastern Virginia Medical School and Old Dominion University. This support is in addition to the $14 million per year base funding for EVHSC included in Chapter 1, 2023 Acts of Assembly, Special Session I. Total additional support for EVHSC is $35 million in FY 2025 and $30 million in FY 2026 and future years. |
Funding Summary
| Object Type | FY 2024 | FY 2025 | |
| General Fund Dollars | $21,000,000 | $16,000,000 | |
| 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 2024 | FY 2025 |
| 110 | Financial Assistance For Educational And General Services | $21,000,000 | $16,000,000 | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | $21,000,000 | $16,000,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 18:12:06
