The 2008 Executive Budget Document
Southwest Virginia Higher Education Center
Mission Statement
The mission of the Southwest Virginia Higher Education Center (SWVHEC) is to strengthen the regional economy of southwest Virginia by providing higher education and professional development training of the current and future workforce.
Operating Budget History
General Fund | Nongeneral Fund | Positions | |
---|---|---|---|
2005 Appropriation | $ 1,511,699 | $ 438,759 | 17.00 |
2006 Appropriation | $ 1,511,994 | $ 4,238,759 | 17.00 |
2007 Appropriation | $ 2,015,067 | $ 4,293,940 | 21.00 |
2008 Appropriation | $ 2,015,838 | $ 4,313,940 | 33.00 |
General Fund | Nongeneral Fund | Positions | |
---|---|---|---|
2009 Base Budget | $ 2,015,838 | $ 4,313,940 | 33.00 |
2009 Addenda | $ 14,154 | $ 2,871,624 | 0.00 |
2009 Total | $ 2,029,992 | $ 7,185,564 | 33.00 |
2010 Base Budget | $ 2,015,838 | $ 4,313,940 | 33.00 |
2010 Addenda | $ 14,154 | $ 2,871,624 | 0.00 |
2010 Total | $ 2,029,992 | $ 7,185,564 | 33.00 |
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, $74,629 (GF) and $11,624 (NGF).
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Adjust nongeneral fund appropriations to reflect additional grant revenueAdjusts nongeneral fund appropriation to reflect additional federal grant revenue. For each year, $2.9 million (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 $60,475 (GF).