TO: | Honorable Royce West, Chair, Senate Committee on S/C on Higher Education |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | SB448 by Zaffirini (Relating to the Texas Academy of International Studies at Texas A&M University.), Committee Report 1st House, Substituted |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | $0 |
2007 | $0 |
2008 | ($208,913) |
2009 | ($417,800) |
2010 | ($626,700) |
Fiscal Year | Probable (Cost) from GENERAL REVENUE FUND 1 |
---|---|
2006 | $0 |
2007 | $0 |
2008 | ($208,913) |
2009 | ($417,800) |
2010 | ($626,700) |
This estimate is derived from a similar academy at the University of North Texas, the Texas Academy of Math and Sciences, which currently has 359 students enrolled and receives special item funding from the state in the amount of $1.5 million per year. Amounts for the Texas A&M International University academy are based on an enrollment estimate of 50 students in 2008, 100 students in 2009, and 150 students for 2010 at a cost of $4,178 per student.
The bill alludes to Tier 1 allotments in the Foundation School Program as the source of funding for the academy. The bill does not give a school district as a reference for the cost of education index, and therefore it is assumed the academy would not receive that funding adjustment.
Based on the size of similar academies, it is assumed for purposes of this estimate the academy will be phased in over two years and have 150 students by fiscal year 2008 and will generate approximately $3,900 per student in funding from the foundation school fund or $585,000 annually. It is assumed these students would be enrolled in a public school were they not in the academy, and these funds would flow to Texas A&M International University when the students are enrolled in the academy, so this is cost neutral to the state.
It is assumed Texas A&M International University would receive proportional special item funding for any cost in excess of the student related transfers from the foundation school fund associated with the supporting the academy.
Source Agencies: | 701 Central Education Agency, 710 Texas A&M University System Administrative and General Offices, 781 Higher Education Coordinating Board
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LBB Staff: | JOB, CT, WP, RT, SSh
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