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_ 284 Item Details($) Appropriations($) ITEM 199. First Year Second Year First Year Second Year FY2025 FY2026 FY2025 FY2026 3. Procurements and expenditures from the local bank account(s) are not subject to the Virginia Public Procurement Act and the Commonwealth Accounting Policies and Procedures (CAPP) Manual. Virginia Commonwealth University will institute procurement policies based on competitive procurement principles, except as otherwise stated within these policies. Expenditures from the local bank account will be recorded in the Commonwealth Accounting and Reporting System by Agency Transaction Vouchers, as appropriated herewith with revenue recognized as equal to the expenditures. 4. Notwithstanding § 2.2-1149 of the Code of Virginia, Virginia Commonwealth University is authorized to approve operating, income and capital leases in Qatar under policies and procedures developed by the University. 5. Virginia Commonwealth University is authorized to establish and hire staff (non-faculty) positions in Qatar under policies and procedures developed by the University. These employees, who are employed solely to support the Qatar Campus are not considered employees of the Commonwealth of Virginia and are not subject to the Virginia Personnel Act. Employees hired as University and Academic Professionals are considered employees of the Commonwealth of Virginia and are subject to the university's policies, Management Agreement, and applicable law. 6. The Board of Visitors of Virginia Commonwealth University is authorized to establish policies for the Qatar Campus. Total for Virginia Commonwealth University $1,505,507,108 $1,514,885,308 $1,505,965,008 $1,566,965,008 General Fund Positions 1,507.80 1,507.80 Nongeneral Fund Positions 3,792.29 3,792.29 Position Level 5,300.09 5,300.09 Fund Sources: General $383,992,714 $393,370,914 $384,450,614 Higher Education Operating $1,093,079,157 $1,093,079,157 $1,154,079,157 Debt Service $28,435,237 $28,435,237 § 1-63. VIRGINIA COMMUNITY COLLEGE SYSTEM (260) 200. Educational and General Programs (10000) $1,080,055,383 $1,089,558,483 $1,080,055,383 Higher Education Instruction (100101) $482,400,381 $491,903,481 $482,400,381 Higher Education Public Services (100103) $5,001,741 $5,001,741 Higher Education Academic (100104) $107,868,991 $107,868,991 Higher Education Student Services (100105) $118,564,801 $118,564,801 Higher Education Institutional Support (100106) $262,405,451 $262,405,451 Operation and Maintenance Of Plant (100107) $103,814,018 $103,814,018 Fund Sources: General $571,752,212 $581,255,312 $571,752,212 Higher Education Operating $508,303,171 $508,303,171 Authority: Title 23.1, Chapter 29, Code of Virginia. A. This Item includes general and nongeneral fund appropriations to support institutional initiatives that help meet statewide goals described in the Restructured Higher Education Financial and Administrative Operations Act of 2005 (Chapters 933 and 945, 2005 Acts of Assembly). B. It is the objective of the Commonwealth that a standard of 70 percent full-time faculty be established for the Virginia Community College System. Consistent with higher education funding guidelines, it is expected that the Virginia Community College System will utilize the funds provided for base operating support to achieve this objective. In addition, the first priority for new funding provided to the community college system shall be for operating support at individual community colleges. Thirty days prior to the beginning of each fiscal