The 2010 Executive Budget Document
Longwood University [ http://www.longwood.edu/ ]Mission Statement
Longwood University is dedicated to the development of citizen leaders who are prepared to make positive contributions to the common good of society. Building upon its strong foundation in the liberal arts and sciences, the University provides an environment in which exceptional teaching fosters student learning, scholarship, and achievement. As the only four-year public institution in south central Virginia, Longwood University serves as a catalyst for regional prosperity and advancement.Operating Budget Summary
|General Fund||Nongeneral Fund||Personnel Cost|
|2007 Appropriation||$ 28,803,713||$ 52,806,585||$ 40,640,484|
|2008 Appropriation||$ 30,860,231||$ 54,356,285||$ 40,963,359|
|2009 Appropriation||$ 30,109,847||$ 60,257,763||$ 49,014,538|
|2010 Appropriation||$ 28,410,893||$ 71,103,153||$ 50,671,893|
|2011 Base Budget||$ 28,410,893||$ 71,103,153||$ 50,671,893|
|2011 Addenda||$ (1,032,136)||$ 3,585,208||$ (165,233)|
|2011 Total||$ 27,378,757||$ 74,688,361||$ 50,506,660|
|2012 Base Budget||$ 28,410,893||$ 71,103,153||$ 50,671,893|
|2012 Addenda||$ (4,615,661)||$ 349,475||$ 79,485|
|2012 Total||$ 23,795,232||$ 71,452,628||$ 50,751,378|
|General Fund||Nongeneral Fund||Total Positions|
|2011 Base Budget||271.89||371.67||643.56|
|2012 Base Budget||271.89||371.67||643.56|
Capital Totals for the Biennium
|$ 0||$ 9,969,000||$ 1,850,000|
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 ($384,476) ($384,476)
Remove funding for payments toward the procurement of several information technology support itemsRemoves funding in the second year associated with the procurement of information technology support items. The last payment will be made in FY 2011.
FY 2011 FY 2012 General Fund $0 ($999,000) Nongeneral Fund $0 ($70,925)
Distribute amounts for real estate fees to agency budgetsTransfers amounts for fees charged to agencies for central lease administration from the Department of General Services to agency budgets.
FY 2011 FY 2012 General Fund $3,465 $3,465
Increase appropriation for sponsored programsIncreases nongeneral fund appropriation for federal grants and research.
FY 2011 FY 2012 Nongeneral Fund $25,000 $25,000
Increase appropriation for debt serviceIncreases appropriation for debt service payments.
FY 2011 FY 2012 Nongeneral Fund $200,000 $200,000
Increase position levelProvides additional positions to support the implementation of the administrative information technology system and growth in other areas.
FY 2011 FY 2012 Authorized Positions 57.00 57.00
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 ($836,798) ($3,525,641)
Provide additional funding to support the bachelor of science in nursing programProvides additional funding to continue the implementation of the Bachelor of Science in nursing program.
FY 2011 FY 2012 General Fund $185,673 $289,991 Nongeneral Fund $55,000 $195,400 Authorized Positions 1.00 5.00
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 $3,305,208 $0
Recommended Capital Budget Addenda
Construct addition and renovation to Lankford HallProvides appropriation for cost overruns and equipment for the previously authorized university student center. The project will be financed through the issuance of 9(c) revenue bonds and auxiliary revenues.
FY 2011 FY 2012 Nongeneral Fund $1,969,000 $0 Bond Proceeds $1,850,000 $0
Construct Alumni CenterProvides nongeneral fund appropriation for the construction of the university alumni center. The project will be funded from donations to the university.
FY 2011 FY 2012 Nongeneral Fund $8,000,000 $0