The 2009 Executive Budget Document
Virginia Museum of Fine Arts
Mission Statement
The Virginia Museum of Fine Arts is a state-supported, privately endowed educational institution created for the benefit of the citizens of the Commonwealth of Virginia. Its purpose is to collect, preserve, exhibit, and interpret art, to encourage the study of the arts, and thus to enrich the lives of all.
(Adopted by VMFA Board of Trustees on May 18, 2000.)
Operating Budget History
| General Fund | Nongeneral Fund | Positions | |
|---|---|---|---|
| 2005 Appropriation | $ 6,536,403 | $ 7,857,334 | 161.50 |
| 2006 Appropriation | $ 7,150,419 | $ 7,957,334 | 159.50 |
| 2007 Appropriation | $ 8,174,477 | $ 8,592,709 | 159.50 |
| 2008 Appropriation | $ 9,093,369 | $ 9,107,709 | 165.50 |
| General Fund | Nongeneral Fund | Positions | |
|---|---|---|---|
| 2009 Base Budget | $ 10,399,766 | $ 10,166,070 | 179.50 |
| 2009 Addenda | $ (1,539,000) | $ 568,500 | 0.00 |
| 2009 Total | $ 8,860,766 | $ 10,734,570 | 179.50 |
| 2010 Base Budget | $ 10,899,766 | $ 10,176,885 | 179.50 |
| 2010 Addenda | $ 352,403 | $ 640,645 | 12.00 |
| 2010 Total | $ 11,252,169 | $ 10,817,530 | 191.50 |
Recommended Operating Budget Addenda
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Reflect Governor’s October reductions in agency budgetsReflects the reductions approved by Governor Kaine in October 2008 for 2009 and the corresponding continuation of savings in 2010. See Part D of this document for reduction details. For 2009, a decrease of $1.5 million (GF) and an increase of $568,500 (NGF). For 2010, a decrease of $1.5 million (GF) and an increase of $640,645 (NGF).
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Implement targeted reductionsImplements targeted reductions for 2009 and 2010 included in Governor Kaine's 2008-2010 Budget Reduction Plan. Reduction details can be found in Part D of this document. For 2010, a decrease of $88,422 (GF).
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Fund essential services for opening expanded spaceProvides funding and positions to support completion of the Museum expansion which will open in the fall of 2009. This addenda supports the cost of additional utilities, security, facility and gallery maintenance, and basic services for visitors to the newly expanded space. For 2010, $2.0 million (GF) and an increase of 12 positions.
Budget Reduction Strategies
October Reduction Strategies
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Defer discretionary expenses
Delays costs originally planned for FY 2009 until FY 2010.
FY 2009 FY 2010 General Fund Savings $ (207,803) $ (47,025) -
Manage personal services costs
Reduces personal services costs by freezing most existing vacancies, reducing costs for temporary staff and using the timing of the recruitment process to manage turnover and vacancy levels.
FY 2009 FY 2010 General Fund Savings $ (372,438) $ (440,765) -
Reduce non-staff costs
Utilizes a variety of cost savings measures to reduce nonpersonal services costs.
FY 2009 FY 2010 General Fund Savings $ (392,043) $ (421,265) -
Utilize nongeneral fund resources
Utilizes nongeneral funds to supplant general fund support to help maintain museum operations.
FY 2009 FY 2010 General Fund Savings $ (566,716) $ (638,645) NGF Appropriation $ 568,500 $ 640,645
December Reduction Strategies
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Eliminate one-time costs
The museum will expend funds in FY 2009 for the purchase of a new ticketing system. This action will free up funds which are now not needed in FY 2010.
FY 2009 FY 2010 General Fund Savings $ 0 $ (66,300) -
Remove additional funding for pay practices
Removes the half-percent pay practices funding granted to Executive branch agencies in the 2006-08 biennium.
FY 2009 FY 2010 General Fund Savings $ 0 $ (22,122)