The 2010 Executive Budget Document
Virginia Commonwealth University
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http://www.vcu.edu/
]
Mission Statement
Virginia Commonwealth University is a public, urban, research university, supported by Virginia to serve the people of the state and the nation. The university provides a fertile and stimulating environment for learning, teaching, research, creative expression, and public service.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2007 Appropriation | $ 203,654,925 | $ 576,449,507 | $ 381,698,881 |
| 2008 Appropriation | $ 214,709,314 | $ 614,720,895 | $ 383,211,987 |
| 2009 Appropriation | $ 211,006,855 | $ 660,667,701 | $ 428,574,981 |
| 2010 Appropriation | $ 190,439,742 | $ 687,219,660 | $ 563,393,445 |
| 2011 Base Budget | $ 190,439,742 | $ 687,219,660 | $ 563,393,445 |
| 2011 Addenda | $ (8,488,764) | $ 35,229,863 | $ 1,807,558 |
| 2011 Total | $ 181,950,978 | $ 722,449,523 | $ 565,201,003 |
| 2012 Base Budget | $ 190,439,742 | $ 687,219,660 | $ 563,393,445 |
| 2012 Addenda | $ (27,681,789) | $ 12,068,942 | $ 1,807,558 |
| 2012 Total | $ 162,757,953 | $ 699,288,602 | $ 565,201,003 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2007 Appropriation | 1,554.57 | 3,524.77 | 5,079.34 |
| 2008 Appropriation | 1,559.05 | 3,593.29 | 5,152.34 |
| 2009 Appropriation | 1,507.80 | 3,674.29 | 5,182.09 |
| 2010 Appropriation | 1,507.80 | 3,792.29 | 5,300.09 |
| 2011 Base Budget | 1,507.80 | 3,792.29 | 5,300.09 |
| 2011 Addenda | 0.00 | 0.00 | 0.00 |
| 2011 Total | 1,507.80 | 3,792.29 | 5,300.09 |
| 2012 Base Budget | 1,507.80 | 3,792.29 | 5,300.09 |
| 2012 Addenda | 0.00 | 0.00 | 0.00 |
| 2012 Total | 1,507.80 | 3,792.29 | 5,300.09 |
Capital Totals for the Biennium
| General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
|---|---|---|
| $ 0 | $ 11,351,000 | $ 45,373,000 |
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 ($2,515,683) ($2,515,683)
-
Adjust nongeneral fund appropriation to reflect additional tuition and fee revenueAdjusts the appropriation in Educational and General programs to account for tuition and fee revenue from summer session enrollment.
FY 2011 FY 2012 Nongeneral Fund $1,084,434 $1,084,434
-
Adjust nongeneral fund appropriation to reflect additional hospital revenuesAdjusts the appropriation for state health services for work on facilities and telecommunications work at the Virginia Commonwealth University Medical Center. The university and the medical center have an internal service agreement that provides for the university to perform certain services at the medical center facilities.
FY 2011 FY 2012 Nongeneral Fund $4,000,000 $4,000,000
-
Adjust nongeneral fund appropriation to reflect additional auxiliary enterprise revenueAdjusts the appropriation to cover debt service payments on various auxiliary facilities and additional fees collected from room and board and parking functions.
FY 2011 FY 2012 Nongeneral Fund $3,857,803 $3,857,803
-
Adjust nongeneral fund appropriation to reflect additional recycling revenuesAdjusts the appropriation to cover costs associated with the university's recycling program.
FY 2011 FY 2012 Nongeneral Fund $42,271 $42,271
-
Provide nongeneral fund appropriation authority to reflect additional hospital revenueIncreases the appropriation to accommodate increased services performed by the university for the medical center. These services include additional facility and telecommunications costs.
FY 2011 FY 2012 Nongeneral Fund $1,000,000 $1,000,000
-
Adjust nongeneral fund appropriation to reflect increased activity at the Qatar campusAdjusts the appropriation to accommodate the growth in established programs and the creation of new programs in support of the Qatar campus.
FY 2011 FY 2012 Nongeneral Fund $8,000,000 $8,000,000
-
Reduce nongeneral fund appropriation to reflect tuition and fee collectionsReduces the appropriation in the university's instructional programs to more accurately align resources anticipated for FY 2010.
FY 2011 FY 2012 Nongeneral Fund ($5,915,566) ($5,915,566)
-
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 ($5,973,081) ($25,166,106)
-
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 $23,160,921 $0
Recommended Capital Budget Addenda
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Construct Baseball FacilityProvides for the construction of a new baseball facility. The university will partner with the owner of the proposed new ball park so students may practice and play on the same minor league field that the new Richmond team will use. The project will be funded from a combination of auxiliary enterprise revenues and private gifts.
FY 2011 FY 2012 Nongeneral Fund $3,000,000 $0
-
Construct West Grace South Housing, Phase IProvides for construction of a residential housing which will provide housing for a total capacity of 459 students. The facility will provide meeting/study rooms or other group gathering/activity areas or retail space, or a combination of these type areas. The parking deck component of the project will provide 218 parking spaces and approximately 7,000 square feet of retail space. The project will be financed through a combination of 9(c) and 9(d) revenue bonds.
FY 2011 FY 2012 Bond Proceeds $40,988,000 $0
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Renovate One Capitol SquareProvides for the renovation of 10,000 square feet and build-out of approximately 20,000 square feet of the One Capitol Square Building as an interim location for the new School of Public Health. The One Capitol Square Building is owned by the University Health System and is located on the corner of 9th and Main Streets in downtown Richmond. The project will be funded from private gifts.
FY 2011 FY 2012 Nongeneral Fund $3,000,000 $0
-
Renovate Pauley Heart Center, Phase IProvides for the renovation of 10,874 square feet of lab space on the 7th floor of Sanger Hall, and also provides wet lab benches, procedure rooms, vivarium surgery suites, office space, and collaborative meeting space for multiple principal investigators and postdoctoral fellows. The scope includes reconfiguration and modernization of existing spaces, and upgrades to environmental building systems. The existing research labs and toilet rooms in Sanger Hall are not completely handicapped access compliant. The project will be funded from private gifts.
FY 2011 FY 2012 Nongeneral Fund $5,351,000 $0
-
Renovate Siegel CenterProvides for moderate renovations required to meet space needs for athletics. In Spring 2010, the athletics program will inherit the east side of the Siegel Center currently housing recreational sports. Anticipated programming intended for the space includes offices for the basketball staff, academic advising for student-athletes, equipment issue and laundry, and expanded strength facilities. The project will be funded through the issuance of 9(d) debt.
FY 2011 FY 2012 Bond Proceeds $4,385,000 $0