The 2011 Executive Budget Document
Longwood University
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http://www.longwood.edu/
]
Mission Statement
Longwood University is dedicated to the development of citizen leaders who are prepared to make positive contributions to the common good of society. Building upon its strong foundation in the liberal arts and sciences, the University provides an environment in which exceptional teaching fosters student learning, scholarship, and achievement. As the only four-year public institution in south central Virginia, Longwood University serves as a catalyst for regional prosperity and advancement.
Operating Budget Summary
General Fund | Nongeneral Fund | Personnel Cost | |
---|---|---|---|
2007 Appropriation | $ 28,803,713 | $ 52,806,585 | $ 40,640,484 |
2008 Appropriation | $ 30,860,231 | $ 54,356,285 | $ 40,963,359 |
2009 Appropriation | $ 30,109,847 | $ 60,257,763 | $ 49,014,538 |
2010 Appropriation | $ 27,574,095 | $ 71,103,153 | $ 49,014,538 |
2011 Base Budget | $ 27,378,757 | $ 74,688,361 | $ 50,506,660 |
2011 Addenda | $ 0 | $ 3,191,741 | $ 0 |
2011 Total | $ 27,378,757 | $ 77,880,102 | $ 50,506,660 |
2012 Base Budget | $ 23,795,232 | $ 71,452,628 | $ 50,751,378 |
2012 Addenda | $ 0 | $ 3,131,808 | $ 0 |
2012 Total | $ 23,795,232 | $ 74,584,436 | $ 50,751,378 |
General Fund | Nongeneral Fund | Total Positions | |
---|---|---|---|
2007 Appropriation | 268.89 | 343.67 | 612.56 |
2008 Appropriation | 268.89 | 343.67 | 612.56 |
2009 Appropriation | 268.89 | 371.67 | 640.56 |
2010 Appropriation | 271.89 | 371.67 | 643.56 |
2011 Base Budget | 272.89 | 428.67 | 701.56 |
2011 Addenda | 0.00 | 0.00 | 0.00 |
2011 Total | 272.89 | 428.67 | 701.56 |
2012 Base Budget | 274.89 | 430.67 | 705.56 |
2012 Addenda | 0.00 | 0.00 | 0.00 |
2012 Total | 274.89 | 430.67 | 705.56 |
Capital Totals for the Biennium
General Fund 2010-12 Biennium |
Nongeneral Fund 2010-12 Biennium |
Debt 2010-12 Biennium |
---|---|---|
$ 0 | $ 24,969,000 | $ 18,208,000 |
Recommended Operating Budget Addenda
-
Adjust State Fiscal Stabilization Fund appropriationAdjusts the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009, due to technical revisions based on the U.S. Department of Education guidelines and the final actions of the 2010 General Assembly. These funds are used to support educational and general programs and student financial assistance.
FY 2011 FY 2012 Nongeneral Fund $ 59,933 $ 0
-
Increase nongeneral fund appropriation for educational and general programsIncreases the nongeneral fund appropriation to account for the revenue generated from tuition and fees to support enrollment growth, and other educational and general programs.
FY 2011 FY 2012 Nongeneral Fund $ 3,131,808 $ 3,131,808
Recommended Capital Budget Addenda
-
Construct University CenterTransfers nongeneral fund appropriation from a previously funded project (214-17814, Construct Addition and Renovate Lankford Hall) for the construction of a new university center. This facility will be the new student union at Longwood University, providing 80,000 square feet for assembly and meeting space, student entertainment and activities, a commuter lounge, food service, student organization offices and activity rooms, leadership program space, retail space, and student lounges.
FY 2011 FY 2012 Nongeneral Fund 15000000 0 Bond Proceeds 14683000 0