Ronald E. Carrier of James Madison University and Paul R. Verkuil of the College of William and Mary have the top incomes among presidents of state-supported colleges and universities.

Carrier, who has headed James Madison since 1971, will earn $192,692 during 1990-91.

Verkuil will earn $172,029, according to annual disclosure statements filed under state law.

Carrier reported increases in all three areas of income the presidents must report: state salary, supplements, which usually come from private foundations that support universities, and outside income.

His income also rose relative to that of presidents of other state institutions because four of those institutions, including last year's leader, the University of Virginia, experienced changes of leadership.

Carrier reported a state salary of $89,149, sixth highest on the list. He reported a supplement of $33,143, and outside income of $70,400. He also receives a car, a house and a deferred compensation plan.

Outside income, a category in which Carrier almost doubles his closest rival, comes from his service on four corporate boards.

He earns $24,000 from Leader Federal Savings & Loan in Memphis; $5,400 from Dominion Bank, Shenandoah Valley; $21,000 from Universal Corp. of Richmond; and $20,000 from Universal Systems Inc. of Chantilly.

Verkuil's reported earnings included a state salary of $96,092 and a $38,437 supplement.

He reported outside income estimated at $37,500 for honoraria, consulting positions, royalties on books and service on the board of Sovran Bank. Verkuil's total pay last year was $145,489.

U-Va.'s new president, John T. Casteen III, ranked third in total income, reporting $171,608.

James D. McComas of Virginia Tech was fourth on the list with $168,633, followed by George W. Johnson of George Mason University at $163,228.

Norfolk State's Harrison B. Wilson was sixth at $153,039, followed by Eugene P. Trani, the new president of Virginia Commonwealth University, at $150,633, and Donald N. Dedmon of Radford University at $135,492.

The two other new presidents, James V. Koch of Old Dominion University and David R. Pierce of the Virginia Community College System, came in 10th and 11th, reporting incomes of $132,175 and $131,671, respectively.

The presidents earn state salaries ranging from $106,714 -- paid to Casteen, McComas and Trani -- to $79,660, which is paid to J.A. Knight of Clinch Valley College in Wise.

The governor reviews the income reports annually and can approve or reject the supplements recommended by each school's board of visitors.

Outside income reported does not necessarily include perquisites such as houses, cars or country club memberships that often are provided to college chiefs. Nor do they always include unearned income such as dividends and interest on stocks and bonds.

Many also receive deferred compensation packages that usually are not included in the reports.