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Base Budget Adjustment
University of Mary Washington (215)
Request Title Adjust appropriation for centrally funded minimum wage increases
Biennium 2024-2026
Budget Round Initial Bill
Description

Adjusts appropriation to reflect the increase in the Virginia minimum wage effective January 1, 2023, and budgeted in Central Appropriations, Item 483 R. of Chapter 2, 2022 Acts of Assembly, Special Session I. The amounts provided support the annualized general fund cost of increasing the Virginia minimum wage from $11.00 per hour to $12.00 per hour or the equivalent annual salary of $24,960.

Funding Details
By Program Program Code Program Title FY 2024 FY 2025
  101 Higher Education Instruction $129,774 $129,774
  102 Higher Education Research $25,240 $25,240
  103 Higher Education Public Services $20,511 $20,511
  104 Higher Education Academic Support $132,922 $132,922
  105 Higher Education Student Services $127,651 $127,651
  106 Higher Education Institutional Support $73,250 $73,250
  107 Operation And Maintenance Of Plant $13,571 $13,571
  809 Higher Education Auxiliary Enterprises $108,879 $108,879
By Fund Fund Code Fund Title FY 2024 FY 2025
  01000 General Fund $375,994 $375,994
  03000 Higher Education Operating $255,804 $255,804
Authorized Position Details
By Program Program Code Program Title FY 2024 FY 2025


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-06-2025 12:41:30