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Mission Statement Operating Budget Summary

	General Fund	Nongeneral Fund	Personnel Cost
2007 Appropriation	$ 77,799,862	$ 263,599,897	$ 174,306,000
2008 Appropriation	$ 82,591,570	$ 283,427,240	$ 184,357,280
2009 Appropriation	$ 78,837,397	$ 299,888,363	$ 189,107,074
2010 Appropriation	$ 73,768,729	$ 324,786,496	$ 202,032,444
2011 Base Budget	$ 73,768,729	$ 324,786,496	$ 202,032,444
2011 Addenda	$ (3,466,028)	$ 16,358,953	$ (734,032)
2011 Total	$ 70,302,701	$ 341,145,449	$ 201,298,412
2012 Base Budget	$ 73,768,729	$ 324,786,496	$ 202,032,444
2012 Addenda	$ (11,007,709)	$ 13,797,214	$ 386,006
2012 Total	$ 62,761,020	$ 338,583,710	$ 202,418,450

Authorized Position Summary

	General Fund	Nongeneral Fund	Total Positions
2007 Appropriation	870.08	1,730.06	2,600.14
2008 Appropriation	874.08	1,789.56	2,663.64
2009 Appropriation	947.33	1,887.49	2,834.82
2010 Appropriation	947.33	1,949.99	2,897.32
2011 Base Budget	947.33	1,949.99	2,897.32
2011 Addenda	0.00	1.00	1.00
2011 Total	947.33	1,950.99	2,898.32
2012 Base Budget	947.33	1,949.99	2,897.32
2012 Addenda	0.00	9.00	9.00
2012 Total	947.33	1,958.99	2,906.32

General Fund 2010-12 Biennium	Nongeneral Fund 2010-12 Biennium	Debt 2010-12 Biennium
$ 3,423,041	$ 12,000,000	$ 10,000,000

• Distribute Central Appropriations amounts to agency budgets
  Adjusts 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		($1,118,973)		($1,118,973)

• Increase nongeneral fund appropriation for auxiliary programs
  Adjusts nongeneral fund appropriation in auxiliary programs to accommodate projected revenue and expenditure growth from student enrollment, sales volume and anticipated rate adjustments.

  		FY 2011		FY 2012
  Nongeneral Fund		$6,428,131		$15,159,191
  Authorized Positions		1.00		9.00

• Adjust nongeneral fund appropriation to reflect base tuition and fee revenue
  Adjusts the nongeneral fund appropriation for tuition and fee revenues in the Educational and General Program to a level that will approximate total expenditures projected for programs and activities in FY 2010.

  		FY 2011		FY 2012
  Nongeneral Fund		($1,361,977)		($1,361,977)

• Technical entry to move Educational & General debt to proper fund code and program code
  Adjusts fund sources to properly account for debt payments in educational and general program.

• Technical entry to move auxiliary debt to proper fund code and program code
  Adjusts fund sources to properly account for debt payments in auxiliary program.

• Implement higher education savings strategies
  Implements 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		($2,347,055)		($9,888,736)

• Utilize State Fiscal Stabilization Fund for general fund supported programs
  Utilizes 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		$11,292,799		$0

• Provide for Blanket Property Acquisition
  Provides additional nongeneral fund appropriation to fund the acquisition of future available properties adjacent to or neighboring the university's facilities. This project will be funded with higher education operating funds.

  		FY 2011		FY 2012
  Nongeneral Fund		$5,000,000		$0

• Expand Bridgeforth Stadium Scoreboards
  Provides funding to provide the replacement scoreboards for the Renovation of Bridgeforth Stadium, a current capital project. This project will be funded with auxiliary enterprise funds.

  		FY 2011		FY 2012
  Nongeneral Fund		$2,000,000		$0

• Construct Student Health Center / RMH East Wing
  Provides funding to construct a new Student Health Center on the James Madison campus. The project will involve the demolition of the current forty-two year old building and the renovation of a portion of the immediately adjacent Rockingham Memorial Hospital. This project will be funded through the issuance of 9(d) bonds.

  		FY 2011		FY 2012
  Bond Proceeds		$7,000,000		$0

• Provide for Convocation Center Renovation/Expansion
  Provides funding for the renovation and expansion of the James Madison University Convocation Center. This project will be funded with higher education operating funds.

  		FY 2011		FY 2012
  Nongeneral Fund		$5,000,000		$0

• Provide for Grace Street Acquisition
  Provides funding for the acquisition of properties adjacent to the university properties along Grace Street. This project will be funded through the issuance of 9(d) bonds.

  		FY 2011		FY 2012
  Bond Proceeds		$3,000,000		$0

• Revise items to be funded by the American Recovery and Reinvestment Act of 2009
  Substitutes 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 the renovation of the west wing of Rockingham Hospital. Instead, the stabilization funds will be used to support sheriffs’ offices. An offsetting amendment is provided in the caboose bill under the Compensation Board.

  		FY 2011		FY 2012
  General Fund		$2,322,811		$0

• Revise items to be funded by the American Recovery and Reinvestment Act of 2009
  Substitutes 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 the renovation and expantion of Duke Hall. Instead, the stabilization funds will be used to support sheriffs’ offices. An offsetting amendment is provided in the caboose bill under the Compensation Board.

  		FY 2011		FY 2012
  General Fund		$1,100,230		$0