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 (http://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, http://www.dailyprogress.com
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
It’s time for these animals’ annual checkup.