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UNIVERSITY OF THE VIRGIN ISLANDS APPROPRIATION REQUEST RESOLUTION FISCAL YEAR 2016-2017 Authorizing submission of the FY 2017 appropriation request for operating expenses, debt service and mandated programs. WHEREAS, the Government of Virgin Islands’ appropriation to the University of the Virgin Islands (“the University”) for FY 2015-2016 was as follows: Regular Operating Appropriation .............................................$23,902,208 Debt Service Appropriation ...........................................................3,992,205 SBDC Appropriation ........................................................................300,000 Senior Citizens Tuition .......................................................................87,773 Valedictorian and Salutatorian Scholarships ....................................400,966 Community Engagement and Lifelong Learning (CELL) ................100,000 Green Technology Program ..............................................................200,000 Hotel Management Program .............................................................100,000 John Brewers Beach Bathroom Maintenance ...................................$15,000 University Bound Program .............................................................$355,901 Senior Reserve Officers’ Training Corps (SROTC) .......................$100,000 Bachelor of Science in Nursing Degree Program – AAS Campus .$400,000 Total ...........................................................................................$29,954,053 WHEREAS, the allotted funding authorized through the appropriation enabled the University to fund the following: (a) The cost of employee-salaries and benefits, equipment, supplies, incidental expenses, and other expenses related to the operations of the University; (b) The cost of servicing the University’s debt for capital projects; (c) The cost to provide legislatively mandated programs for senior citizens, valedictorians, salutatorians, SBDC local match, and CELL; (d) Operating expenses for the Green Technology Program pursuant to Act No. 7222; (e) The implementation of the Hotel Management Program; (f) Maintenance of the bathroom facility at John Brewers Beach; (g) University Bound program; and (h) Senior Reserve Officers’ Training Corps (SROTC) (i) The cost to start the Bachelor of Science in Nursing degree program on the Albert A. Sheen St. Croix Campus WHEREAS, the Finance and Budget Committee of the Board of Trustees of the University has recommended an appropriation request of $34,371,750 for FY2016-2017. FY 2017 Appropriation Request Resolution P a g e | 2 NOW THEREFORE BE IT RESOLVED AS FOLLOWS: Section 1. The University is authorized to request a FY 2016-2017 appropriation of $34,371,750 to cover salaries, benefits, equipment, supplies, and incidental expenses of the University for its operations and programs as detailed in Exhibit “A”. Section 2. For the purpose of financing the operations of the University, meeting debt service requirements, funding Legislatively Mandated Programs, and providing for other purposes, the President and the Vice President for Administration and Finance are authorized to prepare, and present for Legislative consideration, the following appropriation-request: Regular Operating Appropriation .............................................$23,902,208 Debt Service Appropriation ...........................................................3,992,205 SBDC Appropriation ........................................................................300,000 Senior Citizens Tuition .......................................................................87,773 Valedictorian and Salutatorian Scholarships ....................................400,966 Community Engagement and Lifelong Learning .............................100,000 Green Technology Program ..............................................................200,000 Hotel Management Program .............................................................100,000 John Brewers Beach Bathroom Maintenance .....................................15,000 University Bound Program ...............................................................355,901 Senior Reserve Officers Training Corps (SROTC) ..........................100,000 Distinguished Professorship in International Relations & Diplomacy in Honor of Ambassador Terence Alphonso Todman (Act No. 7647) .......................................... 100,000 Bachelor of Science in Nursing Degree Program – St. Croix Campus ............................................................................................400,000 Medical School Debt Service............................................................300,000 Medical School Operations ............................................................2,000,000 Employees Salary Increases (3%) ................................................... 1,200,000 VI Academic & Cultural Awards Endowment .................................430,470 Social Work Program Accreditation ................................................125,000 John Brewers Bay Maintenance and Security .................................100,000 Senior Citizens Tuition Increase ......................................................162,227 Total ...........................................................................................$34,371,750 CERTIFICATION The undersigned does hereby certify that the foregoing is a true and exact copy of a resolution approved by the Executive Committee of the Board of Trustees of the University of the Virgin Islands at a meeting on Wednesday, March 16, 2016 as recorded in the minutes of that meeting. June 4, 2016 ___________________________________ ________________________ Secretary of the Board Date FY 2017 Appropriation Request Resolution P a g e | 3 Exhibit A UNIVERSITY OF THE VIRGIN ISLANDS FY2017 PROPOSED APPROPRIATION REQUEST Appropriation Requirements FY2016 Appropriation - Act No. 7791 FY2017 Budget Ceiling Variance (FY2017- FY2016) General Operating Requirements $23,902,208 $23,902,208 $0 Debt Service $3,992,205 $3,992,205 $0 SBDC Local Matching Requirements $300,000 $300,000 $0 Senior Citizens Tuition Requirements $87,773 $87,773 $0 Valedictorian & Salutatorian Scholarships $400,966 $400,966 $0 Community Engagement and Lifelong Learning $100,000 $100,000 $0 Green Technology $200,000 $200,000 $0 Hotel Management Program $100,000 $100,000 $0 John Brewers Beach Bathroom Maintenance $15,000 $15,000 $0 University Bound Program $355,901 $355,901 $0 Senior Reserve Officers' Training Corps (SROTC) $100,000 $100,000 $0 *Distinguished Professorship in International Relations & Diplomacy - Act No. 7647 (appropriated in FY2014) $0 $100,000 $100,000 Bachelor of Science in Nursing Degree Program - St. Croix Campus $400,000 $400,000 $0 Medical School Debt Service $0 $300,000 $300,000 Medical School Operations $0 $2,000,000 $2,000,000 Employees Salary Increases (3%) (includes vacant positions) $0 $1,200,000 $1,200,000 VI Academic & Cultural Awards Endowment $0 $430,470 $430,470 Social Work Program Accreditation $0 $125,000 $125,000 John Brewers Bay Maintenance and Security $0 $100,000 $100,000 Senior Citizen Tuition Requirements - Increase $0 $162,227 $162,227 Total Operating Requirements $29,954,053 $34,371,750 $4,417,697