The 2012 Executive Budget Document
University of Mary Washington
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http://www.umw.edu/
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Mission Statement
The University of Mary Washington is committed to being a premier public institution of higher education, cultivating an environment of academic excellence, fostering lifelong learning, pursuing knowledge, and providing service to its constituent communities.
Operating Budget Summary
| General Fund | Nongeneral Fund | Personnel Cost | |
|---|---|---|---|
| 2009 Appropriation | $ 23,484,537 | $ 68,116,810 | $ 55,282,701 |
| 2010 Appropriation | $ 21,348,021 | $ 72,416,810 | $ 55,282,701 |
| 2011 Appropriation | $ 21,120,740 | $ 77,456,219 | $ 52,399,357 |
| 2012 Appropriation | $ 21,404,864 | $ 76,187,814 | $ 52,604,870 |
| 2013 Base Budget | $ 21,404,864 | $ 76,187,814 | $ 52,604,870 |
| 2013 Addenda | $ 1,537,078 | $ 5,428,119 | $ 404,109 |
| 2013 Total | $ 22,941,942 | $ 81,615,933 | $ 53,008,979 |
| 2014 Base Budget | $ 21,404,864 | $ 76,187,814 | $ 52,604,870 |
| 2014 Addenda | $ 1,539,014 | $ 6,128,119 | $ 404,109 |
| 2014 Total | $ 22,943,878 | $ 82,315,933 | $ 53,008,979 |
| General Fund | Nongeneral Fund | Total Positions | |
|---|---|---|---|
| 2009 Appropriation | 220.66 | 462.00 | 682.66 |
| 2010 Appropriation | 220.66 | 462.00 | 682.66 |
| 2011 Appropriation | 220.66 | 462.00 | 682.66 |
| 2012 Appropriation | 228.66 | 464.00 | 692.66 |
| 2013 Base Budget | 228.66 | 464.00 | 692.66 |
| 2013 Addenda | 0.00 | 0.00 | 0.00 |
| 2013 Total | 228.66 | 464.00 | 692.66 |
| 2014 Base Budget | 228.66 | 464.00 | 692.66 |
| 2014 Addenda | 0.00 | 0.00 | 0.00 |
| 2014 Total | 228.66 | 464.00 | 692.66 |
Recommended Operating Budget Addenda
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Distribute Central Appropriation amounts to agency budgetsAdjusts the agency budget to reflect amounts moved to or from Central Appropriations to cover the costs of items such as changes in retirement and other benefit contribution rates, as well as the distribution of other centrally funded items.
FY 2013 FY 2014 General Fund $ 188,357 $ 188,357 Nongeneral Fund $ 226,472 $ 226,472
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Amend language regarding the construction of residence hallsClarifies the authorizations originally provided in Item C-86.50 of Chapter 847 (2007 Virginia Acts of Assembly). The amended language is required to support the institution's efforts to lease the completed student housing and associated improved parcels currently held by the University of Mary Washington Foundation.
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Increase nongeneral funds for auxiliary programsIncreases nongeneral fund appropriation for auxiliary enterprise programs.
FY 2013 FY 2014 Nongeneral Fund $ 2,101,647 $ 2,801,647
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Correct revenue source for the James Monroe Museum and LibraryCorrects nongeneral fund revenue source to properly account for funds received.
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Correct nongeneral fund revenue code for BelmontCorrects nongeneral fund revenue source to properly account for funds received.
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Fund changes in state employee workers' compensation premiumsAdjusts the agency's budget for the general fund share of state employee workers' compensation premiums based on the allocation of FY 2013 and FY 2014 program costs provided by the Department of Human Resource Management. The allocation is based on the historical experience of the agency and reflects the current policy of providing agencies with 50 percent of any increased costs and allowing agencies to retain 50 percent of any reduced costs.
FY 2013 FY 2014 General Fund $ 12,201 $ 14,137
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Transfer funding to state financial assistance programTransfers nongeneral fund apprpriation from education and general programs to the state financial assistance program to properly account for financial aid funding.
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Fund 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 degrees over the next 15 years in order to keep Virginia economically competitive, both nationally and internationally. This funding is also intended to slow the rising costs of tuition and fees in order to keep higher education more affordable.
FY 2013 FY 2014 General Fund $ 1,336,520 $ 1,336,520
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Increase appropriation for board-approved tuition ratesIncreases nongeneral fund appropriation for education and general programs based on increased enrollment.
FY 2013 FY 2014 Nongeneral Fund $ 3,100,000 $ 3,100,000