TO: | Honorable Geanie Morrison, Chair, House Committee on Higher Education |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB3262 by Ritter (Relating to the establishment of a Center for Excellence at Lamar University at Beaumont.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | ($474,500) |
2005 | ($474,500) |
2006 | ($414,500) |
2007 | ($414,500) |
2008 | ($414,500) |
Fiscal Year | Probable Savings/(Cost) fromGENERAL REVENUE FUND 1 |
Change in Number of State Employees from FY 2003 |
---|---|---|
2004 | ($474,500) | 5.0 |
2005 | ($474,500) | 5.0 |
2006 | ($414,500) | 5.0 |
2007 | ($414,500) | 5.0 |
2008 | ($414,500) | 5.0 |
The Texas State University System has indicated that costs associated with the Center would total $548,000 per year. This includes $280,000 for salaries for four additional faculty, $21,000 for one additional support staff, $100,000 for scholarships, $120,000 for space and equipment for the first two years, and $27,000 for maintenance and operations. Non-appropriated institutional funds would be used to support one half of the equipment and space needs ($60,000) and one half of annual maintenance and operations ($13,500). It is assumed that General Revenue funds would be used to fund the remainder of the Center's costs which total $474,500 for fiscal years 2004 and 2005, and $414,500 for fiscal year 2006 and beyond for continued operations.
Source Agencies: | 758 Board of Regents, Texas State University System Central Office
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LBB Staff: | JK, CT, PF, MG
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