The 2014 Executive Budget Document
Governor McDonnell's Proposed Budget for the 2014-2016 Biennum
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Released on December 16, 2013 
 
Virginia Commonwealth University [236]
Secretarial Area: Education
Mission:
Virginia Commonwealth University is a public, urban, research university, supported by Virginia to serve the people of the state and the nation. The university provides a fertile and stimulating environment for learning, teaching, research, creative expression, and public service.
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.
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Biennium Fiscal Year Source GF NGF Total
2008-2010 2009 Chapter 872, 2010 Acts of Assembly $211,006,855 $660,667,701 $871,674,556
2008-2010 2010 Chapter 872, 2010 Acts of Assembly $184,466,661 $687,219,660 $871,686,321
2010-2012 2011 Chapter 2, 2012 Acts of Assembly $182,964,379 $760,511,620 $943,475,999
2010-2012 2012 Chapter 2, 2012 Acts of Assembly $171,074,197 $736,939,400 $908,013,597
2012-2014 2013 Chapter 1, 2014 Acts of Assembly $182,372,124 $826,552,715 $1,008,924,839
2012-2014 2014 Chapter 1, 2014 Acts of Assembly $189,122,320 $851,328,132 $1,040,450,452
2014-2016 2015 Governor's Proposed Budget $206,641,705 $866,239,877 $1,072,881,582
    Base Budget $189,122,320 $828,404,101 $1,017,526,421
    Addenda (Changes to the Base) $17,519,385 $37,835,776 $55,355,161
2014-2016 2016 Governor's Proposed Budget $206,656,059 $866,739,877 $1,073,395,936
    Base Budget $189,122,320 $828,404,101 $1,017,526,421
    Addenda (Changes to the Base) $17,533,739 $38,335,776 $55,869,515
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2008-2010 2009 Chapter 872, 2010 Acts of Assembly 1,507.80 3,674.29 5,182.09
2008-2010 2010 Chapter 872, 2010 Acts of Assembly 1,507.80 3,792.29 5,300.09
2010-2012 2011 Chapter 2, 2012 Acts of Assembly 1,507.80 3,792.29 5,300.09
2010-2012 2012 Chapter 2, 2012 Acts of Assembly 1,507.80 3,792.29 5,300.09
2012-2014 2013 Chapter 1, 2014 Acts of Assembly 1,507.80 3,792.29 5,300.09
2012-2014 2014 Chapter 1, 2014 Acts of Assembly 1,507.80 3,792.29 5,300.09
2014-2016 2015 Proposed Positions 1,510.55 3,795.04 5,305.59
    Base Budget 1,507.80 3,792.29 5,300.09
    Addenda (Changes to the Base) 0.00 0.00 0.00
2012-2014 2016 Proposed Positions 1,510.55 3,795.04 5,305.59
    Base Budget 1,507.80 3,792.29 5,300.09
    Addenda (Changes to the Base) 2.75 2.75 5.50
Operating Budget Addenda (in order of greatest impact)
•
Increase nongeneral fund appropriation to reflect additional debt service payments Base Budget Adjustment
  Adjusts the university's nongeneral fund appropriation to reflect additional debt service requirements for auxiliary enterprises and sponsored programs.
 
  FY 2015 FY 2016
Nongeneral Fund $13,386,245 $13,386,245
•
Increase nongeneral fund appropriation to reflect additional tuition and fee revenue Decision Package
  Provides additional nongeneral fund appropriation to reflect increased revenue to support educational and general programs.
 
  FY 2015 FY 2016
Nongeneral Fund $12,574,031 $12,574,031
•
Increase nongeneral appropriation to reflect additional grant and contract revenue Decision Package
  Adjusts the nongeneral fund appropriation to reflect additional grant and contract activity.
 
  FY 2015 FY 2016
Nongeneral Fund $10,000,000 $10,000,000
•
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 $9,730,707 $9,730,707
•
Provides funding to higher education institutions in support of achieving 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 $4,232,323 $4,232,323
•
Increase funding to support cancer research Decision Package
  Provides additional funding to support cancer research at Massey Cancer Center.
 
  FY 2015 FY 2016
General Fund $1,000,000 $1,000,000
•
Increase nongeneral fund appropriation to reflect additional student aid revenues Decision Package
  Adjusts nongeneral fund appropriation to reflect additional tuition and fee revenue to support financial aid programs.
 
  FY 2015 FY 2016
Nongeneral Fund $500,000 $1,000,000
•
Increases nongeneral fund appropriation to reflect additional indirect cost recoveries Base Budget Adjustment
  Adjusts the university's nongeneral fund appropriation to reflect additional indirect cost recoveries for sponsored programs.
 
  FY 2015 FY 2016
Nongeneral Fund $700,000 $700,000
•
Enhance technology infrastructure needs Decision Package
  Provides funding to support infrastructure upgrades for participation in the Mid-Atlantic Research Infrastructure Alliance Network (MariaNet) as an economical way to provide high-speed connectivity paths to support research and instruction. In addition, the university will upgrade access layer switches and cabling infrastructure in buildings with high concentrations of research or instruction in STEM areas.
 
  FY 2015 FY 2016
General Fund $325,500 $325,500
Nongeneral Fund $325,500 $325,500
Positions 5.50 5.50
•
Provides additional funding to support Parkinson's Disease Center Decision Package
  Increases funding for Parkinson's disease research.
 
  FY 2015 FY 2016
General Fund $650,000 $650,000
•
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 $634,000 $634,000
•
Annualize faculty salary increases Decision Package
  Annualizes the funding for a three percent faculty salary increases provided in 2014.
 
  FY 2015 FY 2016
General Fund $424,266 $424,266
•
Increase nongeneral fund appropriation to support eminent scholars Decision Package
  Adjusts the nongeneral fund appropriation to reflect additional revenue to support the university's eminent scholars program.
 
  FY 2015 FY 2016
Nongeneral Fund $350,000 $350,000
•
Increase graduate student financial assistance Decision Package
  Increases financial aid to retain and attract qualified graduate students to assist with the university's research program.
 
  FY 2015 FY 2016
General Fund $245,695 $245,695
•
Provide funding for participation in the Commonwealth Center for Advanced Logistics Center Decision Package
  Provides funding to Virginia Commonwealth University for participation, along with the University of Virginia, Longwood University, and Virginia State University, in the Commonwealth Center for Advanced Logistics (CCALS).
 
  FY 2015 FY 2016
General Fund $219,375 $219,375
•
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 $26,027 $26,027
•
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 $18,710 $18,710
•
Adjust funding to reflect changes in rent charges at the seat of government Decision Package
  Adjusts agency funding for changes in the cost of rent charges at the seat of government. Overall rent rate changes are the result of additional costs to maintain facilities.
 
  FY 2015 FY 2016
General Fund $7,062 $11,523
•
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 $7,608 $7,608
•
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 $40 $8,147
•
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 ($1,928) ($1,926)
•
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 $1,784
•
Realign funds among service areas to reflect expenditure patterns Decision Package
  A technical adjustment to realign funds among service areas to reflect recent expenditure patterns at the university.
•
Transfers funds between fund group and fund details Decision Package
  Transfers funds between higher education operating and hospital revenues to reflect the correct fund detail.
Capital Project Requests (in order of largest to smallest)
•
Expand Ackell Residence Center
  Constructs a five-story addition to the existing Ackell Residence Center at 1100 West Broad Street. The expansion will add 162 beds in apartment-style housing to the university's current inventory. The addition, will be constructed on property purchased from the Virginia Cancer Institute at the corner of Harrison and Marshall Streets. The expansion will complete the Ackell Residence Center by filling the entire block bound by Broad, Harrison, Marshall and Hancock Streets. This project will be funded from the issuance of 9(c) revenue bonds.
 
  FY 2015 FY 2016
Nongeneral Fund $15,300,000 $0
•
Upgrade Siegel Center
  Increases the seating capacity to approximately 9,500 spectators by replacing current bleacher seating with permanent stadium seating by utlizing currently unused vertical space. The project will also enhance the fan experience with additional club seating, additional elevators, food venues, and bathroom upgrades. The design accommodates placement of a portable stage on the western end for concert performances. This project will be funded from the issuance of 9(d) bonds.
 
  FY 2015 FY 2016
Nongeneral Fund $12,000,000 $0
•
Expand Main Street Parking Deck
  Expands an existing 354,240 square foot concrete parking facility. The four-level deck will be expanded horizontally on all four sides to the edge of the property line. The project increases the number of parking spaces by 280 for a total of 1,280 spaces, and also includes two new elevators, four new stair towers, new lighting, and a 8,000 square feet for a command control office where parking and transportations services can remotely operate service kiosks at each of its parking decks. This project will be funded from the issuance of 9(d) bonds.
 
  FY 2015 FY 2016
Nongeneral Fund $5,600,000 $0


pdocagy2014 - Executive Budget Document Agency Details - 06-07-2025 13:37:36