Commonwealth of Virginia 2010 Budget Document: Agency Details

The 2010 Executive Budget Document

New College Institute [ http://www.newcollegeinstitute.org/Home.aspx ]

Mission Statement

New College Institute (NCI) provides residents of the Martinsville – Henry County area and Southern Virginia with access to bachelor’s degree-completion programs and graduate degree programs through partnerships with Virginia’s colleges and universities. NCI works to create a college-going culture through outreach activities in the region it serves.

Operating Budget Summary

	General Fund	Nongeneral Fund	Personnel Cost
2007 Appropriation	$ 1,250,000	$ 1,250,000	$ 0
2008 Appropriation	$ 1,250,000	$ 1,250,000	$ 0
2009 Appropriation	$ 1,373,809	$ 1,251,217	$ 22,487
2010 Appropriation	$ 1,623,809	$ 1,251,217	$ 1,044,865

2011 Base Budget	$ 1,623,809	$ 1,251,217	$ 1,044,865
2011 Addenda	$ (159,702)	$ (151,571)	$ (11,203)
2011 Total	$ 1,464,107	$ 1,099,646	$ 1,033,662

2012 Base Budget	$ 1,623,809	$ 1,251,217	$ 1,044,865
2012 Addenda	$ (159,702)	$ (151,771)	$ (11,203)
2012 Total	$ 1,464,107	$ 1,099,446	$ 1,033,662

Authorized Position Summary

	General Fund	Nongeneral Fund	Total Positions
2007 Appropriation	0.00	0.00	0.00
2008 Appropriation	8.00	0.00	8.00
2009 Appropriation	9.50	0.00	9.50
2010 Appropriation	11.00	0.00	11.00

2011 Base Budget	11.00	0.00	11.00
2011 Addenda	0.00	2.00	2.00
2011 Total	11.00	2.00	13.00

2012 Base Budget	11.00	0.00	11.00
2012 Addenda	0.00	2.00	2.00
2012 Total	11.00	2.00	13.00

Recommended Operating Budget Addenda

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		($10,913)		($10,913)

Distribute amounts for real estate fees to agency budgets

Transfers 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		$2,782		$2,782

Adjust operating plan
Corrects operating plan and transfers revenues into the correct program.

Increase position level

Provides an increase in nongeneral fund positions.

		FY 2011		FY 2012
Authorized Positions		2.00		2.00

Reduce expenditures for recruiting events

Reduces the amount of funds used to sponsor on-campus recruiting events.

	FY 2011	FY 2012
General Fund	($5,000)	($5,000)
Nongeneral Fund	($5,000)	($5,000)

Delay administrative equipment replacement

Reduces funding for the replacement of office equipment.

	FY 2011	FY 2012
General Fund	($5,000)	($5,000)
Nongeneral Fund	($5,000)	($5,000)

Reduce advertising expenditures

Reduces funds utilized in the recruitment of new students.

	FY 2011	FY 2012
General Fund	($20,000)	($20,000)
Nongeneral Fund	($20,000)	($20,000)

Reduce administrative operating costs

Reduces printing cost by using web-based systems and other electronic methods to transmit information.

	FY 2011	FY 2012
General Fund	($10,000)	($10,000)
Nongeneral Fund	($10,000)	($10,000)

Delay classroom equipment replacement

Reduces funding for the purchase of classroom equipment.

	FY 2011	FY 2012
General Fund	($5,000)	($5,000)
Nongeneral Fund	($5,000)	($5,000)

Eliminate funding for promotional items

Reduces spending for branded promotional items used in recruiting students and advertising the Institute's programs.

	FY 2011	FY 2012
General Fund	($5,000)	($5,000)
Nongeneral Fund	($5,000)	($5,000)

Reduce or eliminate academic programs

Reduces the amount of academic programs offered to students.

	FY 2011	FY 2012
General Fund	($96,571)	($96,571)
Nongeneral Fund	($96,571)	($96,771)

Reduce funding for tuition reimbursement

Reduces the amount of funding available for employee tuition assistance.

	FY 2011	FY 2012
General Fund	($5,000)	($5,000)
Nongeneral Fund	($5,000)	($5,000)