The 2013 Executive Budget Document
Virginia Military Institute [ http://www.vmi.edu/ ]Mission Statement
The Virginia Military Institute produces educated, honorable men and women, prepared for the varied work of civil life, imbued with love of learning, confident in the functions and attitudes of leadership, possessing a high sense of public service, advocates of the American Democracy and free enterprise system, and ready as citizen-soldiers to defend their country in a time of national peril. To accomplish this result, the Virginia Military Institute shall provide to qualified young men and women undergraduate education of highest quality -- embracing engineering, science, and the arts -- conducted in, and facilitated by, the unique VMI system of military discipline.Operating Budget Summary
|General Fund||Nongeneral Fund||Personnel Cost|
|2009 Appropriation||$ 13,777,002||$ 46,232,004||$ 27,624,224|
|2010 Appropriation||$ 12,367,108||$ 46,232,004||$ 27,624,224|
|2011 Appropriation||$ 12,196,900||$ 52,401,677||$ 27,255,710|
|2012 Appropriation||$ 11,245,216||$ 50,432,004||$ 27,255,710|
|2013 Addenda||$ 12,183,715||$ 54,549,608||$ 26,804,035|
|2013 Addenda||$ 0||$ 1,904,000||$ 878,000|
|2013 Total||$ 12,183,715||$ 56,453,608||$ 27,682,035|
|2014 Addenda||$ 12,288,227||$ 54,702,745||$ 27,060,546|
|2014 Addenda||$ 66,974||$ 1,904,000||$ 878,000|
|2014 Total||$ 12,355,201||$ 56,606,745||$ 27,938,546|
|General Fund||Nongeneral Fund||Total Positions|
Recommended Operating Budget Addenda
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 $ 847
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 $ 66,127
Increase nongeneral fund appropriation for auxiliary enterprisesIncreases nongeneral fund appropriation to reflect revenues generated by cadet fee increases and enrollment growth.
FY 2013 FY 2014 Nongeneral Fund $ 400,000 $ 400,000
Increase nongeneral fund appropriation for education and general programsIncreases nongeneral fund appropriation to reflect revenues generated primarily by cadet tuition increases and greater out-of-state cadet enrollment.
FY 2013 FY 2014 Nongeneral Fund $ 1,400,000 $ 1,400,000
Increase nongeneral fund appropriation for the Unique Military Activity programIncreases nongeneral fund appropriation associated with the Unique Military Activity program (UMA). The revenue increase is due to increases in UMA fees and an increase in enrollment.
FY 2013 FY 2014 Nongeneral Fund $ 104,000 $ 104,000