The 2008 Executive Budget Document
Virginia Museum of Fine Arts
Mission Statement
The Virginia Museum of Fine Arts is a state-supported, privately endowed educational institution created for the benefit of the citizens of the Commonwealth of Virginia. Its purpose is to collect, preserve, exhibit, and interpret art, to encourage the study of the arts, and thus to enrich the lives of all.
(Adopted by VMFA Board of Trustees on May 18, 2000.)
Operating Budget History
General Fund | Nongeneral Fund | Positions | |
---|---|---|---|
2005 Appropriation | $ 6,536,403 | $ 7,857,334 | 161.50 |
2006 Appropriation | $ 7,150,419 | $ 7,957,334 | 159.50 |
2007 Appropriation | $ 8,174,477 | $ 8,592,709 | 159.50 |
2008 Appropriation | $ 9,093,369 | $ 9,107,709 | 165.50 |
General Fund | Nongeneral Fund | Positions | |
---|---|---|---|
2009 Base Budget | $ 9,093,369 | $ 9,107,709 | 165.50 |
2009 Addenda | $ 1,306,397 | $ 1,058,361 | 14.00 |
2009 Total | $ 10,399,766 | $ 10,166,070 | 179.50 |
2010 Base Budget | $ 9,093,369 | $ 9,107,709 | 165.50 |
2010 Addenda | $ 1,806,397 | $ 1,069,176 | 14.00 |
2010 Total | $ 10,899,766 | $ 10,176,885 | 179.50 |
Recommended Operating Budget Addenda
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Distribute central appropriations amounts to agency budgetsAdjusts 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, $588,033 (GF) and $342,372 (NGF).
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Continue 2008 budget reductionsContinues the budget reductions included in the Governor's 2008 reduction plan into the 2008-10 biennium. For each year, a reduction of $363,735 (GF).
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Provide additional funding for staff and program supportProvides additional funding to staff expanded gallery and support space. The Museum will complete construction on the expansion project in spring 2009. In addition to staffing additional space, funding is provided for operating and maintenance costs for the new building. For 2009, $1.1 million (GF), $715,989 (NGF), and 14 positions. For 2010, $1.6 million (GF) and $726,804 (NGF).
Capital Totals for the Biennium
General Fund 2008-10 Biennium |
Nongeneral Fund 2008-10 Biennium |
Debt 2008-10 Biennium |
---|---|---|
$ 0 | $ 0 | $ 3,750,000 |
Recommended Capital Budget Addenda
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Renovate carpenter shopProvides funding to renovate and relocate the carpenter and painting shop which require adequate sawdust control, ventilation, and fume extraction which is not available in its current location. Specialized fire protection systems will be installed to ensure protection against accidents involving sawdust, adhesives, and paints. After relocation of the shops, the vacated area will be thoroughly cleaned and configured for a photo studio, a space which requires minimal special facility features for its operations. The project will be funded from the issuance of Virginia Public Building Authority bonds. For the biennium, $1.7 million (NGF).
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Replace boilersProvides funding to replace the boiler plant in the original 1936 section of the museum. These boilers date to 1965-1968 and have passed their life expectancy. The new boilers with will result in operating efficiencies and reductions of energy usage and cost. The project will be funded from the issuance of Virginia Public Building Authority bonds. For the biennium, $975,000 (NGF).
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Replace chillersProvides funding to replace the museum's chiller plant. The newest chiller was installed in 1986. The new chillers with will result in operating efficiencies and reductions of energy usage and cost. The project will be funded from the issuance of Virginia Public Building Authority bonds. For the biennium, $1.1 million (NGF).