The 2010 Executive Budget Document
James Madison University
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http://www.jmu.edu/
]
Mission Statement
James Madison University is committed to preparing students to become educated and enlightened citizens who will live productive and meaningful lives.
Operating Budget Summary
General Fund | Nongeneral Fund | Personnel Cost | |
---|---|---|---|
2007 Appropriation | $ 77,799,862 | $ 263,599,897 | $ 174,306,000 |
2008 Appropriation | $ 82,591,570 | $ 283,427,240 | $ 184,357,280 |
2009 Appropriation | $ 78,837,397 | $ 299,888,363 | $ 189,107,074 |
2010 Appropriation | $ 73,768,729 | $ 324,786,496 | $ 202,032,444 |
2011 Base Budget | $ 73,768,729 | $ 324,786,496 | $ 202,032,444 |
2011 Addenda | $ (3,466,028) | $ 16,358,953 | $ (734,032) |
2011 Total | $ 70,302,701 | $ 341,145,449 | $ 201,298,412 |
2012 Base Budget | $ 73,768,729 | $ 324,786,496 | $ 202,032,444 |
2012 Addenda | $ (11,007,709) | $ 13,797,214 | $ 386,006 |
2012 Total | $ 62,761,020 | $ 338,583,710 | $ 202,418,450 |
General Fund | Nongeneral Fund | Total Positions | |
---|---|---|---|
2007 Appropriation | 870.08 | 1,730.06 | 2,600.14 |
2008 Appropriation | 874.08 | 1,789.56 | 2,663.64 |
2009 Appropriation | 947.33 | 1,887.49 | 2,834.82 |
2010 Appropriation | 947.33 | 1,949.99 | 2,897.32 |
2011 Base Budget | 947.33 | 1,949.99 | 2,897.32 |
2011 Addenda | 0.00 | 1.00 | 1.00 |
2011 Total | 947.33 | 1,950.99 | 2,898.32 |
2012 Base Budget | 947.33 | 1,949.99 | 2,897.32 |
2012 Addenda | 0.00 | 9.00 | 9.00 |
2012 Total | 947.33 | 1,958.99 | 2,906.32 |
Capital Totals for the Biennium
General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
---|---|---|
$ 3,423,041 | $ 12,000,000 | $ 10,000,000 |
Recommended Operating Budget Addenda
-
Distribute Central Appropriations amounts to agency budgetsAdjusts 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 ($1,118,973) ($1,118,973)
-
Increase nongeneral fund appropriation for auxiliary programsAdjusts nongeneral fund appropriation in auxiliary programs to accommodate projected revenue and expenditure growth from student enrollment, sales volume and anticipated rate adjustments.
FY 2011 FY 2012 Nongeneral Fund $6,428,131 $15,159,191 Authorized Positions 1.00 9.00
-
Adjust nongeneral fund appropriation to reflect base tuition and fee revenueAdjusts the nongeneral fund appropriation for tuition and fee revenues in the Educational and General Program to a level that will approximate total expenditures projected for programs and activities in FY 2010.
FY 2011 FY 2012 Nongeneral Fund ($1,361,977) ($1,361,977)
-
Technical entry to move Educational & General debt to proper fund code and program codeAdjusts fund sources to properly account for debt payments in educational and general program.
-
Technical entry to move auxiliary debt to proper fund code and program codeAdjusts fund sources to properly account for debt payments in auxiliary program.
-
Implement higher education savings strategiesImplements strategies to capture savings through administrative streamlining, effecting program efficiencies and realignment. When identifying areas of savings, the institutions will give consideration to preserving the core mission to ensure the delivery of quality instruction and student services. A portion of the reductions to higher education institutions will be offset with the use of revenue from the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009.
FY 2011 FY 2012 General Fund ($2,347,055) ($9,888,736)
-
Utilize State Fiscal Stabilization Fund for general fund supported programsUtilizes the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009 designated for higher education to support educational and general programs and student financial assistance.
FY 2011 FY 2012 Nongeneral Fund $11,292,799 $0
Recommended Capital Budget Addenda
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Provide for Blanket Property AcquisitionProvides additional nongeneral fund appropriation to fund the acquisition of future available properties adjacent to or neighboring the university's facilities. This project will be funded with higher education operating funds.
FY 2011 FY 2012 Nongeneral Fund $5,000,000 $0
-
Expand Bridgeforth Stadium ScoreboardsProvides funding to provide the replacement scoreboards for the Renovation of Bridgeforth Stadium, a current capital project. This project will be funded with auxiliary enterprise funds.
FY 2011 FY 2012 Nongeneral Fund $2,000,000 $0
-
Construct Student Health Center / RMH East WingProvides funding to construct a new Student Health Center on the James Madison campus. The project will involve the demolition of the current forty-two year old building and the renovation of a portion of the immediately adjacent Rockingham Memorial Hospital. This project will be funded through the issuance of 9(d) bonds.
FY 2011 FY 2012 Bond Proceeds $7,000,000 $0
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Provide for Convocation Center Renovation/ExpansionProvides funding for the renovation and expansion of the James Madison University Convocation Center. This project will be funded with higher education operating funds.
FY 2011 FY 2012 Nongeneral Fund $5,000,000 $0
-
Provide for Grace Street AcquisitionProvides funding for the acquisition of properties adjacent to the university properties along Grace Street. This project will be funded through the issuance of 9(d) bonds.
FY 2011 FY 2012 Bond Proceeds $3,000,000 $0
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Revise items to be funded by the American Recovery and Reinvestment Act of 2009Substitutes general fund dollars for fiscal stabilization funds to ensure that stimulus funds are utilized in a manner consistent with the provisions of state and federal law. Chapter 781 provided fiscal stabilization funds for the renovation of the west wing of Rockingham Hospital. Instead, the stabilization funds will be used to support sheriffs’ offices. An offsetting amendment is provided in the caboose bill under the Compensation Board.
FY 2011 FY 2012 General Fund $2,322,811 $0
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Revise items to be funded by the American Recovery and Reinvestment Act of 2009Substitutes general fund dollars for fiscal stabilization funds to ensure that stimulus funds are utilized in a manner consistent with the provisions of state and federal law. Chapter 781 provided fiscal stabilization funds for the renovation and expantion of Duke Hall. Instead, the stabilization funds will be used to support sheriffs’ offices. An offsetting amendment is provided in the caboose bill under the Compensation Board.
FY 2011 FY 2012 General Fund $1,100,230 $0