WCAV WVAW WAHU | Charlottesville, Virginia | News, Weather & Sports Newsplex

UVa Visitors OK $2.79 Billion Budget

By: News Staff Email
By: News Staff Email

June 7, 2014

CHARLOTTESVILLE, Va. (AP) - The University of Virginia has a $2.79 billion spending plan for the upcoming fiscal year.

The university's Board of Visitors approved the budget on Friday. The budget funds the university for the fiscal year starting July 1.

The Daily Progress says the budget represents an increase of 3.7 percent and includes funding for enrollment growth of 155 students.

The budget also will increase the faculty salary pool by 4.75 percent. The additional funding will go toward merit-based raises for individual faculty members.

Board members agreed they may have to revise the budget once a budget deadlock concludes in Richmond.


The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we ask that you follow our rules for commenting. E-mail is required to comment on a story, but it will not be displayed with your comment. For complete rules, CLICK HERE. The Newsplex reserves the right to not post or to remove any comment.
powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 262244551 - newsplex.com/a?a=262244551