The 2026 Executive Budget Document
Governor Youngkin's Proposed Budget for the 2026-2028 Biennial Budget
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Released on December 17, 2025 
 
James Madison University [216]
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
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $108,156,098 $542,779,447 $650,935,545
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $113,435,498 $542,779,447 $656,214,945
2022-2024 2023 Chapter1, 2024 Acts of Assembly $144,494,225 $556,485,957 $700,980,182
2022-2024 2024 Chapter1, 2024 Acts of Assembly $150,126,913 $556,485,957 $706,612,870
2024-2026 2025 Chapter 725, 2025 Acts of Assembly $187,071,412 $611,986,768 $799,058,180
2024-2026 2026 Chapter 725, 2025 Acts of Assembly $181,505,502 $633,085,352 $814,590,854
2026-2028 2027 Governor's Proposed Budget $195,727,712 $679,762,071 $875,489,783
    Base Budget $181,505,502 $633,085,352 $814,590,854
    Addenda (Changes to the Base) $14,222,210 $46,676,719 $60,898,929
2026-2028 2028 Governor's Proposed Budget $191,790,262 $704,467,997 $896,258,259
    Base Budget $181,505,502 $633,085,352 $814,590,854
    Addenda (Changes to the Base) $10,284,760 $71,382,645 $81,667,405
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 1,278.00 2,631.52 3,909.52
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 1,278.00 2,631.52 3,909.52
2022-2024 2023 Chapter1, 2024 Acts of Assembly 1,294.53 2,873.38 4,167.91
2022-2024 2024 Chapter1, 2024 Acts of Assembly 1,294.53 2,873.38 4,167.91
2024-2026 2025 Chapter 725, 2025 Acts of Assembly 1,309.22 2,873.38 4,182.60
2024-2026 2026 Chapter 725, 2025 Acts of Assembly 1,309.22 2,873.38 4,182.60
2026-2028 2027 Proposed Positions 1,355.70 3,051.40 4,407.10
    Base Budget 1,309.22 2,873.38 4,182.60
    Addenda (Changes to the Base) 46.48 178.02 224.50
2012-2014 2028 Proposed Positions 1,355.70 3,051.40 4,407.10
    Base Budget 1,309.22 2,873.38 4,182.60
    Addenda (Changes to the Base) 46.48 178.02 224.50
Operating Budget Addenda (in order of greatest impact)
•
Increase auxiliary programs appropriation to align with six-year nongeneral fund revenue estimates Decision Package
  Increases nongeneral fund appropriation in auxiliary enterprise programs to more accurately reflect expenditure levels authorized by the institution's board of visitors.
 
  FY 2027 FY 2028
Nongeneral Fund $21,399,192 $41,423,645
•
Adjust appropriation for centrally funded salary increases for state employees Base Budget Adjustment
  Adjusts appropriation for the salary increases for state employees budgeted in Central Appropriations, Item 469 R. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $7,244,398 $7,244,398
Nongeneral Fund $10,365,448 $10,365,448
•
Increase educational and general nongeneral fund appropriation to align with revenue estimates Decision Package
  Increases nongeneral fund appropriation in educational and general programs to more accurately reflect six-year plan revenue estimates.
 
  FY 2027 FY 2028
Nongeneral Fund $5,264,739 $9,522,069
•
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 469 G. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $2,254,278 $2,254,278
Nongeneral Fund $3,411,911 $3,411,911
•
Increase sponsored programs appropriation Decision Package
  Adjusts nongeneral fund appropriation to match anticipated sponsored programs revenues.
 
  FY 2027 FY 2028
Nongeneral Fund $3,574,941 $3,999,084
•
Increase educational and general programs nongeneral fund appropriation to anticipated expenditures Decision Package
  Increases nongeneral fund appropriation in educational and general programs to more accurately reflect expenditure levels authorized by the institution's board of visitors.
 
  FY 2027 FY 2028
Nongeneral Fund $1,655,452 $1,655,452
•
Adjust appropriation for centrally funded salary increase for adjunct faculty Base Budget Adjustment
  Adjusts appropriation for the salary increase for adjunct faculty budgeted in Central Appropriations, Item 469 T. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $581,691 $581,691
Nongeneral Fund $732,149 $732,149
•
Increase operating support to maintain affordable access for in-state undergraduate students Decision Package
  Provides additional general fund to support operations at the institution and minimize potential tuition and fee increases on in-state undergraduate students.
 
  FY 2027 FY 2028
General Fund $1,969,450 $0
•
Adjust appropriation for centrally funded minimum wage increases Base Budget Adjustment
  Adjusts appropriation to reflect the assumed increase in the Virginia minimum wage effective January 1, 2026, and budgeted in Central Appropriations, Item 469 Q. of Chapter 725, 2025 Acts of Assembly. The amounts provided support the annualized general fund cost of increasing the Virginia minimum wage from $12.00 per hour to $12.89 per hour or the equivalent annual salary of $26,811. The actual minimum wage for January 1, 2026 will be communicated by the Commissioner of the Department of Labor and Industry by October 1, 2025.
 
  FY 2027 FY 2028
General Fund $370,278 $370,278
Nongeneral Fund $521,846 $521,846
•
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 470 M. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $292,529 $292,529
Nongeneral Fund $585,078 $585,078
•
Adjust appropriation for centrally funded other post-employment benefit rate changes Base Budget Adjustment
  Adjusts appropriation for changes to state employee other post-employment benefit rates budgeted in Central Appropriations, Item 469 J. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($215,431) ($215,431)
Nongeneral Fund ($312,706) ($312,706)
•
Continue support for fast flex nursing program Decision Package
  Provides additional one-time support to continue the fast flex nursing program, allowing the university to support continued growth of nursing education to meet the healthcare workforce demand in Virginia.
 
  FY 2027 FY 2028
General Fund $1,000,000 $0
•
Increase support for undergraduate financial aid Decision Package
  Provides additional general fund support for undergraduate need-based financial aid.
 
  FY 2027 FY 2028
General Fund $968,000 $0
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 469 O. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($120,837) ($120,837)
Nongeneral Fund ($342,348) ($342,348)
•
Adjust appropriation for centrally funded retirement rate changes Base Budget Adjustment
  Adjusts appropriation for changes to contribution rates for state employee retirement plans budgeted in Central Appropriations, Item 469 H. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($183,968) ($183,968)
Nongeneral Fund ($278,299) ($278,299)
•
Adjust appropriation for centrally funded salary increase for graduate teaching assistants Base Budget Adjustment
  Adjusts appropriation for the salary increase for graduate teaching assistants budgeted in Central Appropriations, Item 469 U. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $129,399 $129,399
Nongeneral Fund $192,645 $192,645
•
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 470 F. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($45,527) ($45,527)
Nongeneral Fund ($68,921) ($68,921)
•
Adjust appropriation for centrally funded liability insurance premium charges Base Budget Adjustment
  Adjusts appropriation for liability insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 470 J. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($16,646) ($16,646)
Nongeneral Fund $17,342 $17,342
•
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 470 C. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($10,637) ($10,637)
Nongeneral Fund ($19,816) ($19,816)
•
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 470 E. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund ($1,922) ($1,922)
Nongeneral Fund ($25,770) ($25,770)
•
Adjust appropriation for centrally funded changes to Line of Duty Act premiums and enrollment Base Budget Adjustment
  Adjusts appropriation for Line of Duty Act premiums and enrollment changes budgeted in Central Appropriations, Item 469 N. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $5,539 $5,539
Nongeneral Fund $3,891 $3,891
•
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 470 G. of Chapter 725, 2025 Acts of Assembly.
 
  FY 2027 FY 2028
General Fund $1,616 $1,616
Nongeneral Fund ($55) ($55)
•
Adjust educational and general appropriation to align with agency operations Decision Package
  Adjusts agency's educational and general appropriation to align with agency operations.
•
Increase overall maximum employment level to reflect operations Decision Package
  Adjusts position level to accurately reflect the agency’s operations.
 
  FY 2027 FY 2028
Positions 224.50 224.50
•
Realign positions to reflect agency operations Decision Package
  Adjusts education and general and auxiliary positions to accurately reflect agency operations.
 
  FY 2027 FY 2028
Positions (0.00) (0.00)
Capital Project Requests (in order of largest to smallest)
•
Construct new parking deck
  Provides nongeneral fund appropriation to construct a new parking deck to alleviate existing parking shortages, support future campus growth, and improve overall campus accessibility and traffic flow.
 
  FY 2027 FY 2028
Nongeneral Fund $38,260,000 $0
•
Renovate and expand Festival Conference and Student Center
  Provides nongeneral fund appropriation to renovate and expand Festival Conference and Student Center to allow the university to continue to modernize auxiliary facilities.
 
  FY 2027 FY 2028
Nongeneral Fund $28,840,000 $0
•
Renovate and expand East Campus Dining Hall
  Provides nongeneral fund appropriation to renovate and expand the East Campus Dining Hall to meet expected demand for dining services on campus.
 
  FY 2027 FY 2028
Nongeneral Fund $14,170,000 $0
•
Blanket property acquisition
  Enables the university to use nongeneral funds to acquire certain adjacent or neighboring properties as they become available.
 
  FY 2027 FY 2028
Nongeneral Fund $3,000,000 $0


pdocagy2014 - Executive Budget Document Agency Details - 01-01-2026 15:49:39