Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.
Impact
The law is positioned to enhance transparency in how institutions manage funds and projects, potentially fostering accountability within the higher education system. By requiring these institutions to provide detailed reports, the legislation allows the state to monitor expenditures more closely and assess the financial health of public colleges and universities. The requirement for public inspection of these reports may also promote community engagement and oversight.
Summary
Assembly Bill A3348 mandates that all public institutions of higher education in New Jersey submit an annual capital projects report to the Secretary of Higher Education. The report must encompass various details related to projects in either the planning or construction stages, including their names, descriptions, locations, estimated costs, projected completion dates, current progress, and funding sources. This centralization of information aims to provide a comprehensive view of capital spending across the state's public universities and colleges.
Contention
While the bill is likely to garner support for its focus on accountability and transparency, it may face scrutiny regarding the administrative burden it places on public institutions. Critics might argue that the requirement for detailed annual reporting could divert resources away from educational priorities and place additional pressure on institutions already managing tight budgets. However, proponents would counter that enhancing oversight and accountability justifies the administrative efforts required to comply with the new reporting requirements.
Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.
Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.
Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.
Requires public institutions of higher education to submit proposed tuition and fees for upcoming academic year to Secretary of Higher Education for review.
Establishes process for merger or consolidation of public institution of higher education with other institutions of higher education or certain proprietary institutions; requires executive and legislative approval of merger or consolidation.
Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.
Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.
Requires degree-granting proprietary institutions to expend at least 70 percent of tuition and fee revenues on educational instruction and student support services.
Requires Secretary of Higher Education and public institutions of higher education to develop programs for improving Hispanic and Latino representation in higher education leadership positions.
Requires Secretary of Higher Education and public institutions of higher education to develop programs for improving Hispanic and Latino representation in higher education leadership positions.
Requires certain institutions of higher education and degree-granting proprietary institutions to submit certain documentation on online program managers to Secretary of Higher Education.
Requires certain institutions of higher education and degree-granting proprietary institutions to submit certain documentation on online program managers to Secretary of Higher Education.