The 2010 Executive Budget Document
Virginia Military Institute [ http://www.vmi.edu/ ]Mission Statement
The Virginia Military Institute produces educated, honorable men and women, prepared for the varied work of civil life, imbued with love of learning, confident in the functions and attitudes of leadership, possessing a high sense of public service, advocates of the American Democracy and free enterprise system, and ready as citizen-soldiers to defend their country in a time of national peril. To accomplish this result, the Virginia Military Institute shall provide to qualified young men and women undergraduate education of highest quality -- embracing engineering, science, and the arts -- conducted in, and facilitated by, the unique VMI system of military discipline.Operating Budget Summary
|General Fund||Nongeneral Fund||Personnel Cost|
|2007 Appropriation||$ 15,357,097||$ 36,855,892||$ 25,949,998|
|2008 Appropriation||$ 16,505,706||$ 37,100,147||$ 26,050,350|
|2009 Appropriation||$ 13,777,002||$ 46,232,004||$ 27,624,224|
|2010 Appropriation||$ 12,789,661||$ 46,232,004||$ 27,255,710|
|2011 Base Budget||$ 12,789,661||$ 46,232,004||$ 27,255,710|
|2011 Addenda||$ (592,761)||$ 1,940,755||$ 0|
|2011 Total||$ 12,196,900||$ 48,172,759||$ 27,255,710|
|2012 Base Budget||$ 12,789,661||$ 46,232,004||$ 27,255,710|
|2012 Addenda||$ (1,950,531)||$ 0||$ 0|
|2012 Total||$ 10,839,130||$ 46,232,004||$ 27,255,710|
|General Fund||Nongeneral Fund||Total Positions|
|2011 Base Budget||185.71||278.06||463.77|
|2012 Base Budget||185.71||278.06||463.77|
Recommended Operating Budget Addenda
Distribute Central Appropriations amounts to agency budgetsAdjusts the agency budget to reflect amounts moved to or from Central Appropriations to cover the cost of items such as changes in retirement and other benefit contribution rates, as well as the distribution of other centrally funded items.
FY 2011 FY 2012 General Fund ($170,208) ($170,208)
Adjust nongeneral fund appropriation to reflect appropriate tuition and fee revenue levelAdjusts nongeneral fund appropriation for revenue from tuition and mandated fees to estimated FY 2010 levels.
FY 2011 FY 2012 Nongeneral Fund ($900,000) ($900,000)
Increase Unique Military Activities nongeneral fund appropriationIncreases funding for unique military activities to relect enrollment growth and the corresponding increase in cost for cadet uniforms and uniforms maintenance.
FY 2011 FY 2012 Nongeneral Fund $100,000 $100,000
Increase Auxiliary nongeneral fund appropriationAdjusts nongeneral fund appropriation for Auxiliary Enterprises to a level that will approximate total expenditures projected for programs and activities in FY 2010.
FY 2011 FY 2012 Nongeneral Fund $800,000 $800,000
Implement higher education savings strategiesImplements strategies to capture savings through administrative streamlining, effecting program efficiencies and realignment. When identifying areas of savings, the institutions will give consideration to preserving the core mission to ensure the delivery of quality instruction and student services. A portion of the reductions to higher education institutions will be offset with the use of revenue from the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009.
FY 2011 FY 2012 General Fund ($422,553) ($1,780,323)
Utilize State Fiscal Stabilization Fund for general fund supported programsUtilizes the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009 designated for higher education to support educational and general programs and student financial assistance.
FY 2011 FY 2012 Nongeneral Fund $1,940,755 $0