 | Board of Visitors minutes June 13, 1997 |  |
APPROVAL OF THE 1997-98 BUDGET FOR THE UNIVERSITY OF VIRGINIA MEDICAL CENTER
The following resolution was adopted:
- WHEREAS, on June 10, 1995, the Board of Visitors delegated authority to the Executive Vice President and Chief Financial Officer to approve capital expenditures from the Medical Center's capital fund in amounts of up to $1 million;
- RESOLVED that such authority of the Executive Vice President and Chief Financial Officer to approve capital expenditures from the Medical Center's capital fund be increased to amounts of up to $2 million, effective July 1, 1997;
- RESOLVED FURTHER that the 1997-98 Budget for the University of Virginia Medical Center, which includes a hospital room and ancillary service rate increase of 4.0 percent, be approved, as recommended by the President and the Comptroller, and as approved by the Finance Committee.
| Board of Visitors minutes June 13, 1997 | |