TO: | Honorable Geanie Morrison, Chair, House Committee on Higher Education |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB1566 by Telford (Relating to lower-division and upper-division courses at Texas A&M University--Texarkana.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | $0 |
2005 | $0 |
2006 | ($178,500) |
2007 | ($178,500) |
2008 | ($175,525) |
Fiscal Year | Probable Savings/(Cost) fromGENERAL REVENUE FUND 1 |
Probable Revenue Gain fromEST OTH EDUC & GEN INCO 770 |
---|---|---|
2004 | $33,672 | |
2005 | $34,560 | |
2006 | ($178,500) | $36,000 |
2007 | ($178,500) | $36,000 |
2008 | ($175,525) | $35,400 |
Based on analysis by the Texas Higher Education Coordinating Board, enrollment is estimated to increase 7.52 percent, which is the average of the first-year increases experienced by The University of Texas -Permian Basin, Texas A&M University-Corpus Christi, and Texas A&M University-International. There would be no General Revenue cost for the 2004-2005 biennium because formula funding is based on current enrollment. For fiscal years 2006, 2007 and 2008 an estimated increase in full time student equivalents (FTSE's) was multiplied by the undergraduate general revenue cost per FTSE.
For fiscal year 2006: an estimated 60 FTSE X $2,975 =$178,500, For fiscal year 2007: an estimated 60 FTSE X $2,975= $178,500. For fiscal year 2008: an estimated 59 FTSE X $2,975 =$175,525.
Additional tuition revenue for Texas A&M - Texarkana was calculated based on the estimated FTSE's multiplied by the hourly cost of tuition, $46 for fiscal year 2004, $48 for fiscal year 2005, and $50 for fiscal year 2006 and after.
Source Agencies: | 710 Texas A&m University System Administration, 781 Higher Education Coordinating Board
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LBB Staff: | JK, CT, PF, SS
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