TO: | Honorable Judith Zaffirini, Chair, Senate Committee on S/C on Higher Education |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1131 by Lucio (Relating to the rates of tuition charged to students of institutions of higher education.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | $0 |
2009 | $0 |
2010 | $0 |
2011 | $0 |
2012 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) from INSTITUTIONAL FUNDS 997 |
---|---|
2008 | ($365,221,556) |
2009 | ($449,103,823) |
2010 | ($541,806,460) |
2011 | ($644,194,849) |
2012 | ($757,218,468) |
The Coordinating Board compared designated tuition rates for fiscal year 2008 to those for fiscal year 2007 and determined the rate of increase to be 8.2% per year. In fiscal year 2007 the average designated tuition rate for 30 hours was $2,254. They applied the 8.2 percent increase per year to estimate the rates for fiscal year 2008-12. To estimate the amount of tuition institutions would not receive if required to limit designated tuition to $50 per hour, the Coordinating Board multiplied the projected FTSEs by the difference between projected designated tuition amounts and $1500 -- the rate that would be set by this provision. For fiscal year 2008, the tuition difference would be $2,438 ($2,254 increased by 8.2%) -$1500 ($50 x 30 hours)=$938. The Coordinating Board multiplied this number times the estimated FTSE ($938 X 374,387=$351,174,574) to get the tuition loss for the General Academic Institutions. This same methodology was used for fiscal years 2009 through 2012.
Health-related instituions also charge designated tuition. They represent approximately 3 percent of the enrollment. The Coordinating Board multiplied the general academic teaching institution figures by 1.03 to derive the statewide tuition loss figures.
The resulting calculations in estimated decreased revenue to the institutions in designated tuition collections are $365 million in fiscal year 2008, $449 million in fiscal year 2009, $542 million in fiscal year 2010, $644 million in fiscal year 2011 and $757 million in fiscal year 2012.
Source Agencies: | 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board
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LBB Staff: | JOB, MN, RT, GO
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