Fiscal Year 2020
|Revenue1||FY19 Estimated Actuals||FY20 Proposed Budget||Change from Prior Year|
|State General Fund||48,888,800||53,811,500||4,922,700||10.1%|
|Tuition and E&G Fees||203,430,900||211,596,100||8,165,200||4.0%|
|Grants & Contracts||32,050,000||31,350,000||(700,000)||-2.2%|
|University Private Funds2||18,623,500||17,859,400||(764,100)||-4.1%|
|Expenditures, by Program1||FY19 Estimated Actuals||FY20 Proposed Budget||Change from Prior Year|
1 Total revenues and expenditures exclude the Virginia Institute of Marine Science and funds maintained in university-affiliated foundations.
2 University Private Funds includes current year revenue of $18.6 million in FY19. In FY20, University Private Funds include projected current year revenue of $14.7 million plus $3.1 million from the beginning fund balance.
3 Auxiliary Revenues include $900,000 generated in support of student financial aid.
Fiscal Year 2019
The Operating Budget Summary and Related Tuition & Fees (pdf) provides an overview of state appropriated operating budgets for fiscal year 2020 as recommended by the administration to the Board of Visitors. The summary provides a profile of both sources and uses of funds, as well as budget actions taken by the university for FY 2020 (approved in April 2019). If you experience difficulty accessing the content within the document, please contact our office for assistance.
Fiscal Year 2018
Review the annual Financial Report's Financial Overview to find data and commentary on the operating budget from fiscal year 2018.