pdocagy (DPB Website Public Reports)

Virginia Commonwealth University [236]

Secretarial Area: Education

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
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	Chapter 732, 2016 Acts of Assembly	$193,707,053	$885,653,744	$1,079,360,797
2014-2016	2016	Chapter 732, 2016 Acts of Assembly	$199,048,008	$886,153,744	$1,085,201,752
2016-2018	2017	Governor's Proposed Budget	$216,593,958	$893,114,463	$1,109,708,421
		2016 Appropriation	$219,804,905	$893,114,463	$1,112,919,368
		Governor's Amendments	($3,210,947)	$0	($3,210,947)
2016-2018	2018	Governor's Proposed Budget	$210,390,699	$914,814,463	$1,125,205,162
		2016 Appropriation	$217,717,363	$893,114,463	$1,110,831,826
		Governor's Amendments	($7,326,664)	$21,700,000	$14,373,336

Positions Budget Summary

Biennium	Fiscal Year	Source	GF	NGF	Total
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	Chapter 732, 2016 Acts of Assembly	1,507.80	3,792.29	5,300.09
2014-2016	2016	Chapter 732, 2016 Acts of Assembly	1,507.80	3,792.29	5,300.09
2016-2018	2017	Proposed Positions	1,507.80	3,792.29	5,300.09
		2016 Appropriation	1,507.80	3,792.29	5,300.09
		Governor's Amendments	0.00	0.00	0.00
2016-2018	2018	Proposed Positions	1,507.80	3,792.29	5,300.09
		2016 Appropriation	1,507.80	3,792.29	5,300.09
		Governor's Amendments	0.00	0.00	0.00

Operating Budget Addenda (in order of greatest impact)

•

Increase nongeneral fund appropriation to reflect additional auxiliary enterprise revenue

Decision Package

Adjusts nongeneral fund appropriation to address increased expenditures associated with current debt service schedules and the recent addition of the basketball training facility. In addition, increased funding will support student work study, dining and housing contracts, safety and security improvements to parking decks, increased student services ranging from additional staffing for Title IX to increased counseling staff to testing coordination staff for the Office of Disability Services, continuation of the new RamTech store, and providing on-site technology services.

	FY 2017	FY 2018
Nongeneral Fund	$0	$12,400,000

•

Reduce state support

Decision Package

Reduces state support to Virginia Commonwealth University by five percent.

	FY 2017	FY 2018
General Fund	$0	($9,603,574)

•

Increase nongeneral fund appropriation to reflect additional tuition and fee revenue

Decision Package

Adjusts the nongeneral fund appropriation to account for higher tuition and fee collections. Under the university's new per credit hour model, students are taking more credit hours than expected, causing collections to be higher than originally projected.

	FY 2017	FY 2018
Nongeneral Fund	$0	$5,700,000

•

Recover nongeneral fund cost of Virginia Retirement System payment

Decision Package

Recovers the general fund equivalent of the nongeneral fund portion of the prepayment made to the Virginia Retirement System (VRS) to reduce VRS rates per employee. The FY 2018 amount is a one-time adjustment.

	FY 2017	FY 2018
General Fund	($3,210,947)	($2,140,631)

•

Allocate undergraduate financial aid

Decision Package

Provides undergraduate financial aid in FY 2018 equal to the amount appropriated in FY 2017.

	FY 2017	FY 2018
General Fund	$0	$4,417,541

•

Increase nongeneral fund appropriation to reflect additional grants and contract revenue

Decision Package

Adjusts the nongeneral fund appropriation to support increased activity in the university's sponsored research programs.

	FY 2017	FY 2018
Nongeneral Fund	$0	$3,600,000

•

Transfer nongeneral fund appropriation between programs

Decision Package

Transfers nongeneral funds from educational and general programs to student financial aid to support need-based financial aid as approved by the institution's board of visitors.

pdocagy2014 - Executive Budget Document Agency Details - 08-22-2025 06:55:23