- Associated Press - Saturday, 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 (https://bit.ly/1ldVxVF) 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.

___

Information from: The Daily Progress, https://www.dailyprogress.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide