Pennsylvania Senate Bill SB311

Pennsylvania 2023-2024 Regular Session

• Introduced: 3/28/23
• Refer: 3/28/23

Caption

Providing for funding for State-related universities for the fiscal year beginning July 1, 2023, and ending June 30, 2024, for costs basis, for frequency of payments and for recordkeeping requirements; imposing a duty on the Auditor General; providing for financial statements and for the Agricultural College Land Scrip Fund; and making appropriations.

Impact

The bill impacts state funding laws by specifying how appropriations are to be managed for State-related universities. It establishes a framework for regular monthly payments based on estimated costs submitted by the universities. Additionally, the act enhances financial accountability by emphasizing the role of the Auditor General in reviewing expenditure statements and ensuring compliance with permitted use of funds. This structured approach is expected to streamline financial management across these institutions while maintaining oversight to safeguard state resources.

Summary

Senate Bill 311, known as the State-related University Nonpreferred Appropriation Act of 2023, aims to provide financial appropriations for State-related universities in Pennsylvania for the fiscal year starting July 1, 2023, and ending June 30, 2024. The bill outlines specific provisions including funding mechanisms, frequency of payments, and requirements for financial reporting and recordkeeping. The allocated funds will ensure that universities such as The Pennsylvania State University, the University of Pittsburgh, Temple University, and Lincoln University receive necessary financial support for their operational costs.

Sentiment

General sentiment surrounding SB311 appears to be neutral to positive, particularly from educational institutions and allies that benefit from the funding provisions. Supporters argue that reliable funding is essential for the stability and growth of these institutions, enabling them to maintain quality education and services. However, concerns may arise among taxpayers and fiscal conservatism advocates regarding the efficiency of financial management and whether the appropriated funds will be utilized effectively.

Contention

One notable point of contention is the degree of oversight the Auditor General has over the spending by these universities. While supporters emphasize the importance of accountability, opponents may argue that excessive auditing could hinder the operational flexibility of universities in managing their finances. Additionally, the implications of the funding levels set forth in the bill could spark debates about resource allocation and priorities in higher education funding across the Commonwealth.