Commonwealth of Virginia 2008 Budget Document: Agency Details

The 2008 Executive Budget Document

Norfolk State University

http://www.nsu.edu

Mission Statement

Norfolk State University provides an affordable, high-quality education for an ethnically and culturally diverse student population, equipping them with the capability to become productive citizens who continuously contribute to a global and rapidly changing society.

Operating Budget History

	General Fund	Nongeneral Fund	Positions
2005 Appropriation	$ 44,537,504	$ 82,938,480	983.67
2006 Appropriation	$ 46,606,771	$ 84,952,783	983.67
2007 Appropriation	$ 50,386,680	$ 94,344,544	998.37
2008 Appropriation	$ 52,210,425	$ 94,780,762	1,001.37

New Operating Budget Summary

	General Fund	Nongeneral Fund	Positions
2009 Base Budget	$ 52,210,425	$ 94,780,762	1,001.37
2009 Addenda	$ 852,251	$ 2,093,211	(19.00)
2009 Total	$ 53,062,676	$ 96,873,973	982.37

2010 Base Budget	$ 52,210,425	$ 94,780,762	1,001.37
2010 Addenda	$ 852,251	$ 2,093,211	(19.00)
2010 Total	$ 53,062,676	$ 96,873,973	982.37

Recommended Operating Budget Addenda

Distribute Central Appropriations amounts to agency budgets
Adjusts the agency budget to reflect amounts moved from Central Appropriations to cover the cost of items such as the continuation of 2007 and 2008 salary and health insurance premium increases, as well as changes in retirement and disability contribution rates and other centrally funded items. For each year, $1.7 million (GF) and $1.8 million (NGF).

Continue funding for the FY 2008 faculty salary increase
Continues funding for the faculty salary increase effective November 25, 2007. This includes support for the three percent increase provided by the Governor and the additional one percent increase approved by the 2006 General Assembly. For each year, $267,453 (GF).

Continue funding for the FY 2008 nursing faculty salary increase
Continues funding for the nursing salary increase effective November 25, 2007. For each year, $49,913 (GF).

Increase nongeneral fund appropriation for auxiliary enterprise program revenue
Provides additional appropriation to support increased costs associated with facilities, utilities, and other service charges. For each year, $5.0 million (NGF).

Transfer funds from Central Appropriations for faculty salaries
Transfers funds from Central Appropriations for the one percent faculty salary increase provided in Chapter 847. For each year, $79,020 (GF).

Transfer Higher Education Tuition Incentive Funds
Transfers funds from Central Appropriations to the agency budget for having met the requirements of the FY 2008 Tuition Incentive Fund. For each year, $72,597 (GF).

Adjust nongeneral fund appropriation to accurately reflect tuition and fee revenue
Reduces tuition revenue projections to provide an appropriation that is more in line with actual tuition and fee revenue collections. For each year, a reduction of $5.0 million (NGF).

Continue 2008 budget reductions
Continues the budget reductions included in the Governor's 2008 reduction plan into the 2008-10 biennium. For 2009, a decrease of $2.0 million (GF) and 19 positions. For 2010, a decrease of $2.0 million (GF).

Increase undergraduate student financial assistance
Increases funding for need-based financial aid for in-state undergraduate students. For each year, $372,696 (GF).

Provide funding to support core instructional requirements
Provides additional state funding to support the institution's core operating requirements needed to deliver quality instructional and student service activities. For each year, $314,995 (GF) and $307,524 (NGF).

Adjust the 100 percent cost policy for out-of-state students
This language-only addendum in the general provisions provides the university a waiver from the 100 percent of cost requirement for nonresident students during the 2008-2010 biennium. During this time the university cannot charge less than 80 percent of cost for nonresident students.

Revise language to include management of all residential facilities
This language-only addendum provides the university the authority to assume management of the Spartan Suites from an external private firm.

Capital Totals for the Biennium

General Fund 2008-10 Biennium	Nongeneral Fund 2008-10 Biennium	Debt 2008-10 Biennium
$ 0	$ 0	$ 45,139,000

Recommended Capital Budget Addenda

Construct a new library
Provides funds to construct a new 132,053 square feet library to replace the aging Brooks Library. The deteriorating condition of the current facility has resulted in major damage to the book collections and constant mold growth in display cases, as well as complaints of health issues. Once the new library is completed, the current facility will be demolished. The project will be funded from the issuance of bonds through the Virginia College Building Authority. For the biennium, $45.1 million (NGF).