TO: | Honorable Geanie Morrison, Chair, House Committee on Higher Education |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | SB730 by West, Royce (Relating to the establishment of a law school in the City of Dallas by the University of North Texas System.), As Engrossed |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | ($300,000) |
2007 | ($300,000) |
2008 | ($300,000) |
2009 | ($1,843,351) |
2010 | ($3,272,814) |
Fiscal Year | Probable (Cost) from GENERAL REVENUE FUND 1 |
Change in Number of State Employees from FY 2005 |
---|---|---|
2006 | ($300,000) | 0.0 |
2007 | ($300,000) | 0.0 |
2008 | ($300,000) | 0.0 |
2009 | ($1,843,351) | 6.0 |
2010 | ($3,272,814) | 16.0 |
The University of North Texas System estimates they would annually need $300,000 in fiscal years 2006, 2007 and 2008 to cover the cost of planning for the new law school and to help with the initial planning for the law school building. The University of North Texas System estimates that beginning in fiscal year 2009, $1,170,000 in debt service would be needed to construct the law school. This debt service is based on a $13 million authorization in Tuition Revenue Bonds. Another twelve to sixteen million would be requested from the City of Dallas to contribute toward the renovation. Beginning in fiscal year 2009, six additional full-time employees, including administrative and library staff and a Dean, would be added at a cost of $519,000. Due to anticipated increases in enrollment, employment would increase to 16 in fiscal year 2010 and 24 in fiscal year 2011. The total cost for personnel would be $1,242,950 in fiscal year 2010 and $2,036,400 in fiscal year 2011. Operating costs in fiscal year 2010 and 2011 are $1,268,711 and $1,515,267 respectively.
Under provisions of the bill the school would be entitled to general academic formula funding. Since the first class of students would not start classes until fiscal year 2010, the school would not be appropriated formula funding until 2012.
Source Agencies: | 769 University of North Texas System Administration, 781 Higher Education Coordinating Board
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LBB Staff: | JOB, CT, RT, GO
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