The 2024 Executive Budget Document
Governor Youngkin's Proposed Budget for the 2024-2026 Biennum
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Released on December 20, 2023 
 
State Council of Higher Education for Virginia [245]
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.
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Biennium Fiscal Year Source GF NGF Total
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $97,787,040 $7,277,153 $105,064,193
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $109,316,939 $7,277,153 $116,594,092
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $109,680,124 $7,444,679 $117,124,803
2021-2024 2022 Chapter1, 2024 Acts of Assembly $144,501,720 $12,519,422 $157,021,142
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $120,150,499 $12,444,679 $132,595,178
2021-2024 2023 Chapter1, 2024 Acts of Assembly $194,009,281 $12,519,422 $206,528,703
2024-2026 2025 Governor's Proposed Budget $221,370,890 $12,647,165 $234,018,055
    Base Budget $177,009,281 $12,519,422 $189,528,703
    Addenda (Changes to the Base) $44,361,609 $127,743 $44,489,352
2024-2026 2026 Governor's Proposed Budget $167,448,701 $12,647,165 $180,095,866
    Base Budget $177,009,281 $12,519,422 $189,528,703
    Addenda (Changes to the Base) ($9,560,580) $127,743 ($9,432,837)
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 46.00 17.00 63.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 46.00 17.00 63.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 46.00 17.00 63.00
2021-2024 2022 Chapter1, 2024 Acts of Assembly 52.00 20.00 72.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 47.00 17.00 64.00
2021-2024 2023 Chapter1, 2024 Acts of Assembly 52.00 25.00 77.00
2024-2026 2025 Proposed Positions 52.00 20.00 72.00
    Base Budget 52.00 20.00 72.00
    Addenda (Changes to the Base) 0.00 5.00 5.00
2012-2014 2026 Proposed Positions 52.00 20.00 72.00
    Base Budget 52.00 20.00 72.00
    Addenda (Changes to the Base) 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Continue Chapter 1 funding changes: Recruitment and Retention of Pell-Eligible Students Decision Package
  Provides for the ongoing impact of appropriation changes included in Chapter 1, 2023 Special Session I. Increases funding for the Pell initiative, provides additional language regarding the use of financial aid for internship opportunities and states that funding will be ongoing to ensure successful outcomes for students. Language directs that funds are ongoing, not one-time ($25M included in Chapter 2 + additional $12.5M in conference amendment)
 
  FY 2025 FY 2026
General Fund $37,500,000 $37,500,000
•
Remove one-time funding for a pilot initiative to support recruitment and retention of Pell-eligible students Base Budget Adjustment
  Adjusts appropriation to remove one-time funding for a pilot initiative to support the recruitment and retention of Pell-eligible students.
 
  FY 2025 FY 2026
General Fund ($25,000,000) ($25,000,000)
•
Reduce funding for Pell initiative Decision Package
  Eliminates funding in FY 2026 for Pell grant assistance at public institutions of higher education. Requires SCHEV to report on the outcomes and effectiveness of FY 2024 and FY 2025 funding by October 1 each year.
 
  FY 2025 FY 2026
General Fund $0 ($37,500,000)
•
Support student access to internships Decision Package
  Provides additional funding to support the Innovative Internship Fund and Program, which includes funds previously budgeted under central appropriations. Any balance from funds provided in year one will be carried forward for future years.
 
  FY 2025 FY 2026
General Fund $19,000,000 $1,000,000
•
Continue Chapter 1 funding changes: Increase state maximum per-credential investment in Workforce Credential Grant Decision Package
  Provides for the ongoing impact of appropriation changes included in Chapter 1, 2023 Special Session I. Provides $5.0 million from the general fund in the second year for the New Economy Workforce Credential Grant program to support enrollment growth and the increase in the maximum reimbursement rate from $3,000 to $4,000. (Introduced was language only.)
 
  FY 2025 FY 2026
General Fund $5,000,000 $5,000,000
•
Increase funding for the Workforce Credential Grant Program Decision Package
  Provides additional funding to support the increasing demand for the Workforce Credential Grant Program.
 
  FY 2025 FY 2026
General Fund $3,950,000 $5,250,000
•
Support student access to mental health services Decision Package
  Provides ongoing funding to support student mental health services at institutions of higher education participating in a statewide contract. Requires an institutional nongeneral fund match for state funds.
 
  FY 2025 FY 2026
General Fund $3,000,000 $3,000,000
•
Increase funding for Virginia Military Survivors and Dependents Education Program (VMSDEP) stipends Decision Package
  Provides additional funding to maintain the VMSDEP stipend at the full amount for qualifying students based on a projected increase in the number of eligible students.
 
  FY 2025 FY 2026
General Fund $2,000,000 $2,000,000
•
Reduce appropriation for the Two-Year College Transfer Grant (CTG) Program Decision Package
  Recognizes savings under the CTG Program based on actual program demand.
 
  FY 2025 FY 2026
General Fund ($800,000) ($800,000)
•
Adjust appropriation for centrally funded five percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the five percent salary increase for state employees budgeted in Central Appropriations, Item 483 S. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $418,856 $418,856
Nongeneral Fund $112,532 $112,532
•
Continue Chapter 1 funding changes: Eliminate Cybersecurity Public Service Grant Program. Decision Package
  Provides for the ongoing impact of appropriation changes included in Chapter 1, 2023 Special Session I. Eliminates full funding for the Cybersecurity Public Service Grant Program.
 
  FY 2025 FY 2026
General Fund ($500,000) ($500,000)
•
Increase funding to support Virtual Library of Virginia collections Decision Package
  Provides funding for unavoidable cost increases to maintain access to online databases and journals.
 
  FY 2025 FY 2026
General Fund $325,000 $650,000
•
Consolidate teaching scholarship programs Decision Package
  Transfers appropriation for the Grow Your Own Teacher and a program to assist public school teachers taking college courses to be credentialed to teach dual-enrollment high school courses from SCHEV to the Department of Education.
 
  FY 2025 FY 2026
General Fund ($340,000) ($340,000)
•
Eliminate fund for excellence and innovation Decision Package
  Eliminates general fund appropriation for excellence and innovation designed to stimulate collaboration among public school divisions, community colleges and universities to create and expand affordable student pathways and to pursue shared services and other efficiency initiatives at colleges and universities because outcomes are unknown.
 
  FY 2025 FY 2026
General Fund ($225,000) ($225,000)
•
Reduce funding for the student loan ombudsman office Decision Package
  Reduces funding for the office of the student loan ombudsman, which is duplicative of federal efforts in this area.
 
  FY 2025 FY 2026
General Fund ($126,811) ($174,000)
•
Continue Chapter 1 funding changes: Provide funding for two percent salary increase Decision Package
  Adjusts appropriation for the two percent salary increase for state and state supported local employees budgeted in Central Appropriations, Paragraphs S, T, U, and V of Item 483, Chapter 1, 2023 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $90,106 $90,106
•
Adjust appropriation for centrally funded changes to agency information technology costs Base Budget Adjustment
  Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 484 C. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $45,136 $45,136
Nongeneral Fund $231 $231
•
Adjust appropriation for centrally funded information technology auditors and security officers Base Budget Adjustment
  Adjusts appropriation for information technology auditors and information security officers budgeted in Central Appropriations, Item 484 E. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $24,430 $24,430
Nongeneral Fund $8,498 $8,498
•
Adjust appropriation for centrally funded changes to state health insurance premiums Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 483 G. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $16,641 $16,641
Nongeneral Fund $5,497 $5,497
•
Eliminate funding for grants to schools and colleges of optometry students Decision Package
  Eliminates small amount of funding designated to provide grants for Virginia students who attend schools and colleges of optometry.
 
  FY 2025 FY 2026
General Fund ($20,000) ($20,000)
•
Adjust appropriation for centrally funded changes to Cardinal Human Capital Management System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Human Capital Management System internal service fund charges budgeted in Central Appropriations, Item 484 G. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $5,919 $5,919
Nongeneral Fund $1,590 $1,590
•
Adjust appropriation for centrally funded property insurance premium charges Base Budget Adjustment
  Adjusts appropriation for property insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 484 J. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund $6,268 $6,268
Nongeneral Fund $38 $38
•
Adjust appropriation for centrally funded changes to Cardinal Financials System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 484 F. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund ($5,347) ($5,347)
Nongeneral Fund ($554) ($554)
•
Adjust appropriation for centrally funded changes to Performance Budgeting system charges Base Budget Adjustment
  Adjusts appropriation for changes to Performance Budgeting system internal service fund charges budgeted in Central Appropriations, Item 484 H. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund ($2,673) ($2,673)
Nongeneral Fund $42 $42
•
Adjust appropriation for centrally funded internal service fund charges for the Personnel Management Information System Base Budget Adjustment
  Adjusts appropriation for Personnel Management Information System internal service fund charges budgeted in Central Appropriations, Item 484 I. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund ($623) ($623)
Nongeneral Fund ($152) ($152)
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 483 P. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY 2025 FY 2026
General Fund ($293) ($293)
Nongeneral Fund $21 $21
•
Update state financial aid policies to address the Free Application for Federal Student Aid (FAFSA) Simplification Act Decision Package
  Amends existing language for policies regarding higher education financial aid to address changes resulting from implementation of the federal FAFSA Simplification Act, which introduces new terminology, need calculations, and reduced requirements. Changes include: addressing potential negative student aid index (SAI) calculations, authorizing consideration of continued aid for students currently receiving financial assistance based on expected family contribution (EFC), and technical provisions regarding the change from EFC to SAI.
•
Adjust Tuition Assistance Grant language Decision Package
  Modifies Tuition Assistance Grant (TAG) language to allow SCHEV to use some of the mandatory balances in the program to automate the TAG application/approval process. Also increases the maximum award for distance education to 75% of the standard award, up from 50% currently.


pdocagy2014 - Executive Budget Document Agency Details - 06-07-2025 13:21:42