The 2013 Executive Budget Document
Virginia State University [ http://www.vsu.edu/ ]Mission Statement
Virginia State University promotes and sustains academic programs that integrate instruction, research, and extension/public service in a design most responsive to the needs and endeavors of individuals and groups within its scope of influence. The University is dedicated to the promotion of knowledgeable, perceptive, and humane citizens secure in their self-awareness, equipped for personal fulfillment, sensitive to the needs and aspirations of others, and committed to assuming productive roles in a challenging and ever-changing global society.Operating Budget Summary
|General Fund||Nongeneral Fund||Personnel Cost|
|2009 Appropriation||$ 36,827,353||$ 80,707,270||$ 48,883,953|
|2010 Appropriation||$ 35,208,828||$ 91,284,023||$ 49,226,656|
|2011 Appropriation||$ 35,206,759||$ 98,234,961||$ 55,581,629|
|2012 Appropriation||$ 33,392,350||$ 99,732,982||$ 55,581,629|
|2013 Addenda||$ 35,574,323||$ 113,429,713||$ 56,062,126|
|2013 Addenda||$ 0||$ 0||$ 0|
|2013 Total||$ 35,574,323||$ 113,429,713||$ 56,062,126|
|2014 Addenda||$ 35,843,444||$ 116,463,344||$ 56,062,126|
|2014 Addenda||$ 255,980||$ 3,500,000||$ 0|
|2014 Total||$ 36,099,424||$ 119,963,344||$ 56,062,126|
|General Fund||Nongeneral Fund||Total Positions|
Capital Totals for the Biennium
|$ 0||$ 0||$ 35,547,000|
Recommended Operating Budget Addenda
Increase nongeneral fund appropriation to reflect additional sponsored program revenueAdjusts the appropriation to support additional federal research grant and contract activity.
FY 2013 FY 2014 Nongeneral Fund $ 0 $ 1,500,000
Increase nongeneral fund appropriation to reflect additional auxiliary enterprise revenuesAdjusts the appropration needed to pay debt service associated with the recent completion of a new residence hall.
FY 2013 FY 2014 Nongeneral Fund $ 0 $ 2,000,000
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 $ 1,807
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 $ 254,173