The 2010 Executive Budget Document
Virginia State University
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http://www.vsu.edu/
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Mission Statement
Virginia State University promotes and sustains academic programs that integrate instruction, research, and extension/public service in a design most responsive to the needs and endeavors of individuals and groups within its scope of influence. The University is dedicated to the promotion of knowledgeable, perceptive, and humane citizens secure in their self-awareness, equipped for personal fulfillment, sensitive to the needs and aspirations of others, and committed to assuming productive roles in a challenging and ever-changing global society.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2007 Appropriation | $ 35,226,314 | $ 67,775,131 | $ 46,677,157 |
| 2008 Appropriation | $ 37,187,802 | $ 69,353,143 | $ 47,176,628 |
| 2009 Appropriation | $ 36,827,353 | $ 80,707,270 | $ 48,883,953 |
| 2010 Appropriation | $ 36,008,697 | $ 91,284,023 | $ 55,716,499 |
| 2011 Base Budget | $ 36,008,697 | $ 91,284,023 | $ 55,716,499 |
| 2011 Addenda | $ (801,938) | $ 6,863,355 | $ (302,069) |
| 2011 Total | $ 35,206,759 | $ 98,147,378 | $ 55,414,430 |
| 2012 Base Budget | $ 36,008,697 | $ 91,284,023 | $ 55,716,499 |
| 2012 Addenda | $ (3,372,121) | $ 3,548,959 | $ (302,069) |
| 2012 Total | $ 32,636,576 | $ 94,832,982 | $ 55,414,430 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2007 Appropriation | 302.55 | 451.51 | 754.06 |
| 2008 Appropriation | 305.37 | 454.69 | 760.06 |
| 2009 Appropriation | 315.37 | 454.69 | 770.06 |
| 2010 Appropriation | 318.37 | 454.69 | 773.06 |
| 2011 Base Budget | 318.37 | 454.69 | 773.06 |
| 2011 Addenda | 0.00 | 0.00 | 0.00 |
| 2011 Total | 318.37 | 454.69 | 773.06 |
| 2012 Base Budget | 318.37 | 454.69 | 773.06 |
| 2012 Addenda | 0.00 | 0.00 | 0.00 |
| 2012 Total | 318.37 | 454.69 | 773.06 |
Capital Totals for the Biennium
| General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
|---|---|---|
| $ 1,000,000 | $ 0 | $ 0 |
Recommended Operating Budget Addenda
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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 ($302,069) ($302,069)
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Adjust nongeneral fund appropriation to reflect additional sponsored program revenueAdjusts the appropriation for sponsored programs to cover increased federal grant and contract activity.
FY 2011 FY 2012 Nongeneral Fund $4,950,000 $4,950,000
-
Adjust nongeneral fund appropriation to reflect additional indirect cost recovery revenues in sponsored programsAdjusts the appropriation in sponsored programs to reflect increased indirect cost recovery revenue.
FY 2011 FY 2012 Nongeneral Fund $10,000 $10,000
-
Adjust nongeneral fund appropriation for student financial assistanceAdjusts the appropriation consistent with the provisions of the Tuition Moderation Incentive Program which allowed institutions to raise additional tuition dedicated to student financial assistance.
FY 2011 FY 2012 Nongeneral Fund $88,959 $88,959
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Reduce nongeneral fund appropriation to reflect tuition and fee collectionsReduces the appropriation for instructional programs to more accurately align actual resources anticipated for FY 2010.
FY 2011 FY 2012 Nongeneral Fund ($1,500,000) ($1,500,000)
-
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 ($799,869) ($3,370,052)
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Provide additional funding for Manufacturing Engineering and Logistics TechnologyProvides additional funding for Manufacturing Engineering and Logistics Technology in support of the Commonwealth Center for Advanced Manufacturing and related research.
FY 2011 FY 2012 General Fund $300,000 $300,000
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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 $3,314,396 $0
Recommended Capital Budget Addenda
-
Revise items to be funded by the American Recovery and Reinvestment Act of 2009Substitutes general fund dollars for fiscal stabilization funds to ensure that stimulus funds are utilized in a manner consistent with the provisions of state and federal law. Chapter 781 provided fiscal stabilization funds for planning efforts associated with the multipurpose center. Instead, the stabilization funds will be used support sheriffs’ offices. An offsetting amendment is provided in the caboose bill under the Compensation Board.
FY 2011 FY 2012 General Fund $1,000,000 $0