pdocagy (DPB Website Public Reports)

Radford University [217]

Secretarial Area: Education

Mission:
Radford University serves the Commonwealth and the nation through a wide range of academic, cultural, human service, and research programs. First and foremost, the university emphasizes teaching, learning, and the process of learning in its commitment to the development of mature, responsible, well-educated citizens. RU develops students' creative and critical thinking skills, teaches students to analyze problems and implement solutions, helps students discover their leadership styles, and fosters their growth as leaders. Research is viewed as a vital corollary to the teaching and learning transaction as it sustains and enhances the ability to teach effectively.

Mission:

Radford University serves the Commonwealth and the nation through a wide range of academic, cultural, human service, and research programs. First and foremost, the university emphasizes teaching, learning, and the process of learning in its commitment to the development of mature, responsible, well-educated citizens. RU develops students' creative and critical thinking skills, teaches students to analyze problems and implement solutions, helps students discover their leadership styles, and fosters their growth as leaders. Research is viewed as a vital corollary to the teaching and learning transaction as it sustains and enhances the ability to teach effectively.

Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years. more... More historical data is available for this agency on DPB's website under the Virginia's Budget page. If you click on the Budget Round Description links under any of the "DPB Appropriation Database" tables and open the filter you can select various fields to get greater detail and you can select the official chapter data going back for several decades. The "Caboose" chapters are the final biennial budget approved by the General Assembly and signed into Law. Check it out here

Operating Budget Summary

This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
more...

Biennium	Fiscal Year	Source	GF	NGF	Total
2008-2010	2009	Chapter 872, 2010 Acts of Assembly	$55,899,132	$102,449,782	$158,348,914
2008-2010	2010	Chapter 872, 2010 Acts of Assembly	$50,072,891	$106,025,681	$156,098,572
2010-2012	2011	Chapter 2, 2012 Acts of Assembly	$49,400,574	$115,466,939	$164,867,513
2010-2012	2012	Chapter 2, 2012 Acts of Assembly	$46,812,753	$112,604,917	$159,417,670
2012-2014	2013	Chapter 1, 2014 Acts of Assembly	$49,754,037	$125,523,483	$175,277,520
2012-2014	2014	Chapter 1, 2014 Acts of Assembly	$51,543,757	$139,768,338	$191,312,095
2014-2016	2015	Governor's Proposed Budget	$57,059,030	$140,036,573	$197,095,603
		Base Budget	$51,543,757	$132,921,110	$184,464,867
		Addenda (Changes to the Base)	$5,515,273	$7,115,463	$12,630,736
2014-2016	2016	Governor's Proposed Budget	$57,095,654	$140,049,622	$197,145,276
		Base Budget	$51,543,757	$132,921,110	$184,464,867
		Addenda (Changes to the Base)	$5,551,897	$7,128,512	$12,680,409

Positions Budget Summary

Biennium	Fiscal Year	Source	GF	NGF	Total
2008-2010	2009	Chapter 872, 2010 Acts of Assembly	633.91	756.13	1,390.04
2008-2010	2010	Chapter 872, 2010 Acts of Assembly	633.91	756.13	1,390.04
2010-2012	2011	Chapter 2, 2012 Acts of Assembly	633.91	756.13	1,390.04
2010-2012	2012	Chapter 2, 2012 Acts of Assembly	633.91	756.13	1,390.04
2012-2014	2013	Chapter 1, 2014 Acts of Assembly	633.91	756.13	1,390.04
2012-2014	2014	Chapter 1, 2014 Acts of Assembly	633.91	811.17	1,445.08
2014-2016	2015	Proposed Positions	636.39	812.69	1,449.08
		Base Budget	633.91	756.13	1,390.04
		Addenda (Changes to the Base)	2.48	56.56	59.04
2012-2014	2016	Proposed Positions	636.39	812.69	1,449.08
		Base Budget	633.91	756.13	1,390.04
		Addenda (Changes to the Base)	2.48	56.56	59.04

Operating Budget Addenda (in order of greatest impact)

•

Increase nongeneral fund appropriation and corresponding positions for educational and general programs

Decision Package

Increases nongeneral fund appropriation and positions for educational and general programs, supported by anticipated nongeneral fund revenues from board-approved increases in tuition and fees.

	FY 2015	FY 2016
Nongeneral Fund	$3,497,228	$3,497,228
Positions	55.04	55.04

•

Provide additional appropriation for increased student enrollment

Base Budget Adjustment

Provides additional nongeneral fund appropriation to accomodate increased enrollment, supported by anticipated revenue from board-approved tuition and fees.

	FY 2015	FY 2016
Nongeneral Fund	$3,350,000	$3,350,000

•

Distribute Central Appropriation amounts to agency budgets

Base Budget Adjustment

Adjusts the agency budget to reflect amounts moved to or from Central Appropriations to cover the continued cost of public employee salary increases, increases in state employee health insurance premiums, changes in state employee retirement and other benefit contribution rates, and other centrally funded items being continued from the 2012-14 biennium into the 2014-16 biennium.

	FY 2015	FY 2016
General Fund	$2,442,001	$2,442,001

•

Provide support to higher education institutions to achieve the goals of the Virginia Higher Education Opportunity Act of 2011

Decision Package

Provides funding to higher education institutions in support of achieving the goals of the Virginia Higher Education Opportunity Act of 2011 (Top Jobs Act). The Top Jobs Act strives to incentivize higher education institutions to educate and graduate more Virginians, while encouraging more graduates in the sciences, technology, engineering, math, and health care fields, as well as supporting underrepresented students to graduate from higher education institutions. The goal is to achieve 100,000 additional undergraduate degrees by 2025 in order to keep the Commonwealth economically competitive, both nationally and internationally. The funding is also intended to slow the rising costs of tuition and fees in order to keep higher education both affordable and accessible.

	FY 2015	FY 2016
General Fund	$2,206,887	$2,206,887

•

Enhance student success, retention, and graduation

Decision Package

Provides general fund and nongeneral fund appropriation to support the univeristy's efforts to improve student success, retention, and graduation.

	FY 2015	FY 2016
General Fund	$356,815	$372,660
Nongeneral Fund	$175,746	$183,550
Positions	3.00	3.00

•

Invest in the Mobile Innovation Learning Lab (MILL) K-12 Consortium

Decision Package

Provides funding and positions to support the Mobile Innovation Learning Lab (MILL) K-12 Consortium to create jobs, provide opportunities for entrepreneurship, and increase K-12 student achievement in high need academic areas such as mathematics and science.

	FY 2015	FY 2016
General Fund	$187,781	$198,431
Nongeneral Fund	$92,489	$97,734
Positions	1.00	1.00

•

Increase undergraduate student financial assistance

Decision Package

Increases funding for need-based financial aid for in-state undergraduate students.

	FY 2015	FY 2016
General Fund	$199,000	$199,000

•

Annualize faculty salary increases

Decision Package

Annualizes the funding for a three percent faculty salary increase provided in 2014.

	FY 2015	FY 2016
General Fund	$103,766	$103,766

•

Fund changes in state employee workers' compensation premiums

Decision Package

Adjusts the agency's budget for workers' compensation premiums based on the allocation of 2015 and 2016 program costs provided by the Department of Human Resource Management. The allocation is based on the historical experience of the agency and reflects the current policy of providing agencies with 50 percent of any increased costs and allowing agencies to retain 50 percent of any reduced costs.

	FY 2015	FY 2016
General Fund	$11,393	$14,910

•

Adjust agency appropriation for the cost of Performance Budgeting system charges

Decision Package

Provides appropriation to pay for the agency's share of ongoing Performance Budgeting system operating and maintenance costs. The general fund share of this cost was previously budgeted in Central Appropriations.

	FY 2015	FY 2016
General Fund	$5,099	$5,099

•

Fund agency costs for the new Cardinal accounting system

Decision Package

Provides appropriation to the agency's budget to pay for the agency's share of the costs for the new Cardinal accounting system. The Department of Accounts allocates the yearly cost of the system to agencies based upon the number of transactions the agency completed in the previous fiscal year.

	FY 2015	FY 2016
General Fund	$0	$6,619

•

Adjust funding for premium changes in the Automobile Insurance Liability program

Decision Package

Adjusts agency funding for the approved premium changes in the state's Automobile Insurance Liability program.

	FY 2015	FY 2016
General Fund	$2,372	$2,372

•

Adjust funding for state agency Line of Duty costs

Decision Package

Adjusts funding for state agency Line of Duty Act premiums based on the 2015 and 2016 premium rates set by the Virginia Retirement System.

	FY 2015	FY 2016
General Fund	$380	$380

•

Adjust funding to agencies for information technology and telecommunication charges

Decision Package

Adjusts the agency budget for information technology and telecommunication charges based on the required cost of living adjustments contained in the Northrop Grumman contract and the elimination of the debt recovery surcharge originally approved by the Joint Legislative Audit and Review Commission on July 12, 2010.

	FY 2015	FY 2016
General Fund	($221)	($228)

Capital Project Requests (in order of largest to smallest)

•

Renovate Athletics Complex Umbrella Project

Authorizes the use of nongeneral funds to complete several needed renovations at its Dedmon Center Athletics Complex.

	FY 2015	FY 2016
Nongeneral Fund	$9,500,000	$0

pdocagy2014 - Executive Budget Document Agency Details - 06-07-2025 13:44:30