BUDGET RESOLUTION — Bill No. 20-0452
UNIVERSITY OF THE VIRGIN ISLANDS BUDGET RESOLUTION FISCAL YEAR 1996-1997 (a) To authorize the President to prepare and submit fiscal year 1996-97 appropriation requests to the Governor and Legislature of the Virgin Islands for operating, debt service and other purposes; (b) To authorize the carry-forward of the FY95-96 spending plan for FY96-97 and adjustments thereto by the Administration, based on the availability of funds, in consultation with the Finance Committee of the Board. WHEREAS, Act No. 6044 (Bill No. 20-0452) appropriated $21,600,000 to the University for fiscal 1994-95 in support of general operations and legislatively mandated programs; and WHEREAS, Act No. 6035 (Bill No. …
Download the original document · Plain text (TXT) · Browse the archive · How this archive works
Original source: https://www.uvi.edu/files/documents/Board_of_Trustees/Resolutions_and_Actions/1990-2001-Index-of-Resolutions-and-Actions/March_1996-05.pdf
SHA-256 f7558d12097087d25a2956a13f3f0378228afee6a69358748a2d675f55f79ce2
Re-using this document
Our description, tagging, arrangement, extracted text and machine transcripts are released under CC0 1.0. We assert nothing about the document itself.
Archive identifier LF-f7558d120970
Document text
UNIVERSITY OF THE VIRGIN ISLANDS BUDGET RESOLUTION FISCAL YEAR 1996-1997 (a) To authorize the President to prepare and submit fiscal year 1996-97 appropriation requests to the Governor and Legislature of the Virgin Islands for operating, debt service and other purposes; (b) To authorize the carry-forward of the FY95-96 spending plan for FY96-97 and adjustments thereto by the Administration, based on the availability of funds, in consultation with the Finance Committee of the Board. WHEREAS, Act No. 6044 (Bill No. 20-0452) appropriated $21,600,000 to the University for fiscal 1994-95 in support of general operations and legislatively mandated programs; and WHEREAS, Act No. 6035 (Bill No. 20-0432) made provisions for the University to receive the sum of $930,000 for the award of salary increases to its employees in fiscal 1994-95; and WHEREAS, the fiscal year 1994-95 Appropriation Acts remains in effect for fiscal 1995-96 as a result of the veto by the Governor of all FY95-96 Appropriation Acts for the Government and instrumentalities; WHEREAS, the above funding measures provide a total appropriation level of $22,530,000 for the support of UVI operations as follows: Regular Operating Appropriation........ $18,525,809 Debt Service Appropriation............. 3,049,191 Small Business Development Center [SBDC] 300,000 Vie he rice OM aes Soe noes 5 os Seen wine 150,000 Val-and= Sal Scholarship Programi2.25:..5 240,000 National Guard Tuition Exemption....... 10,000 Sener ene Pabe LON... < . Pgs eRe 5,000 Academic and Cultural Awards Endowment.. 250,000 Budget Resolution Fiscal Year 1996-1997 CERTIFICATION The undersigned does hereby certify that the foregoing is a true and exact copy of a resolution of the Board of Trustees of the University of the Virgin Islands adopted at its meeting on Saturday, March 2, 1996, as recorded in the minutes of said meeting. ate Secretary of the Board