The 2013 Executive Budget Document
University of Virginia
[
http://www.virginia.edu/
]
Mission Statement
The University of Virginia enriches the mind by stimulating and sustaining a spirit of free inquiry directed to understanding the nature of the universe and the role of mankind in it. Activities designed to quicken, discipline, and enlarge the intellectual and creative capacities, as well as the aesthetic and ethical awareness, of the members of the University and to record, preserve, and disseminate the results of intellectual discovery and creative endeavor serve this purpose. In ful-filling it, the University places the highest priority on achieving eminence as a center of higher learning.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2009 Appropriation | $ 150,405,829 | $ 812,482,246 | $ 507,907,406 |
| 2010 Appropriation | $ 134,702,801 | $ 850,538,473 | $ 516,773,997 |
| 2011 Appropriation | $ 136,286,744 | $ 944,106,545 | $ 578,714,183 |
| 2012 Appropriation | $ 122,451,655 | $ 946,009,545 | $ 578,714,183 |
| 2013 Addenda | $ 130,356,767 | $ 951,642,490 | $ 577,814,223 |
| 2013 Addenda | $ 0 | $ 14,300,898 | $ 0 |
| 2013 Total | $ 130,356,767 | $ 965,943,388 | $ 577,814,223 |
| 2014 Addenda | $ 132,366,294 | $ 954,561,411 | $ 577,814,223 |
| 2014 Addenda | $ 707,420 | $ 5,271,898 | $ 0 |
| 2014 Total | $ 133,073,714 | $ 959,833,309 | $ 577,814,223 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2009 Appropriation | 1,389.27 | 6,215.69 | 7,604.96 |
| 2010 Appropriation | 1,389.27 | 6,226.69 | 7,615.96 |
| 2011 Appropriation | 1,307.27 | 6,226.69 | 7,533.96 |
| 2012 Appropriation | 1,307.27 | 6,226.69 | 7,533.96 |
| 2013 Addenda | 1,082.63 | 6,735.33 | 7,817.96 |
| 2013 Addenda | 0.00 | 0.00 | 0.00 |
| 2013 Total | 1,082.63 | 6,735.33 | 7,817.96 |
| 2014 Addenda | 1,082.63 | 6,735.33 | 7,817.96 |
| 2014 Addenda | 0.00 | 0.00 | 0.00 |
| 2014 Total | 1,082.63 | 6,735.33 | 7,817.96 |
Capital Totals for the Biennium
| General Fund 2012-14 Biennium |
Nongeneral Fund 2012-14 Biennium |
Debt 2012-14 Biennium |
|---|---|---|
| $ 0 | $ 9,070,000 | $ 28,640,000 |
Recommended Operating Budget Addenda
-
Provide support to higher education institutions to achieve the goals of the Virginia Higher Education Opportunity Act of 2011Provides funding to higher education institutions in support of achieving the goals of the Virginia Higher Education Opportunity Act of 2011 (Top Jobs Act). The Top Jobs Act strives to incentivize higher education institutions to educate and graduate more Virginians, while encouraging more graduates in the sciences, technology, engineering, math, and health care fields, as well as supporting underrepresented students to graduate from higher education institutions. The goal is to achieve 100,000 additional undergraduate degrees by 2025 in order to keep the Commonwealth economically competitive, both nationally and internationally. The funding is also intended to slow the rising costs of tuition and fees in order to keep higher education both affordable and accessible.
FY 2013 FY 2014 General Fund $ 0 $ 703,578
-
Increase appropriation to reflect additional student financial aid revenueIncreases the appropriation to reflect tuition and fee revenues designated by the Board of Visitors to support the university's student financial aid program.
FY 2013 FY 2014 Nongeneral Fund $ 0 $ 3,426,000
-
Increase nongeneral fund appropriation to reflect additional tuition and fee revenueIncreases the appropriation based on rates approved by the Board of Visitors for tuition and fee increases last spring to support the institution's educational and general programs and account for minor shifts in revenue and spending related to surplus property, recycling, and reserves.
FY 2013 FY 2014 Nongeneral Fund $ 14,129,898 $ 14,129,898
-
Adjust nongeneral fund appropriation to reflect a decrease in sponsored program revenuesReduces the university's federal appropriation for sponsored research to reflect a decline in federal grants and contracts. This adjustment also aligns minor shifts in revenue and debt service needs.
FY 2013 FY 2014 Nongeneral Fund $ 0 $ (16,298,000)
-
Increase nongeneral fund appropriation to reflect additional auxiliary enterprise revenueAdjusts the appropriation for additional revenue generated from rates approved by the Board of Visitors last spring. These revenues will also support minor shifts in revenue and spending related to surplus property and required debt service payments.
FY 2013 FY 2014 Nongeneral Fund $ 171,000 $ 4,014,000
-
Provide assistance for the general fund portion of agency Line of Duty Act costsProvides additional funding to cover the general fund share of Line of Duty Act costs for state agencies.
FY 2013 FY 2014 General Fund $ 0 $ 3,842