LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 14, 2009 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2376 by Lucio (Relating to the change of the name of Texas A&M University--Kingsville to Texas A&I University.), As Introduced Estimated Two-year Net Impact to General Revenue Related Funds for SB2376, As Introduced: a negative impact of ($899,000) through the biennium ending August 31, 2011. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 14, 2009
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2376 by Lucio (Relating to the change of the name of Texas A&M University--Kingsville to Texas A&I University.), As Introduced
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB2376 by Lucio (Relating to the change of the name of Texas A&M University--Kingsville to Texas A&I University.), As Introduced
Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB2376 by Lucio (Relating to the change of the name of Texas A&M University--Kingsville to Texas A&I University.), As Introduced
SB2376 by Lucio (Relating to the change of the name of Texas A&M University--Kingsville to Texas A&I University.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for SB2376, As Introduced: a negative impact of ($899,000) through the biennium ending August 31, 2011. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
Estimated Two-year Net Impact to General Revenue Related Funds for SB2376, As Introduced: a negative impact of ($899,000) through the biennium ending August 31, 2011.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five-Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds 2010 ($899,000) 2011 $0 2012 $0 2013 $0 2014 $0
2010 ($899,000)
2011 $0
2012 $0
2013 $0
2014 $0
All Funds, Five-Year Impact: Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund1 Probable Savings/(Cost) fromInstitutional Funds997 2010 ($899,000) ($989,000) 2011 $0 $0 2012 $0 $0 2013 $0 $0 2014 $0 $0
Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund1 Probable Savings/(Cost) fromInstitutional Funds997 2010 ($899,000) ($989,000) 2011 $0 $0 2012 $0 $0 2013 $0 $0 2014 $0 $0
2010 ($899,000) ($989,000)
2011 $0 $0
2012 $0 $0
2013 $0 $0
2014 $0 $0
Fiscal Analysis
Under provisions of the bill, the name of Texas A&M University - Kingsville would be changed to Texas A&I University. Based on estimates from the Texas A&M University System, the cost of changing the name would total $1.9 million in General Revenue and institutional funds.
Methodology
Estimated costs associated with the name change include approximately: -$717,000 for signage, monuments and seals-$426,000 for business and promotional notification/inventory-$329,000 for forms, stationery, view book, catalogs-$175,000 for technology, including websites and IT support-$151,000 for other costs It is assumed that these costs would be split between General Revenue and institutional funds. An additional $90,000 for uniforms and athletic gear would be a cost to the institution's auxiliary funds.
Estimated costs associated with the name change include approximately:
-$717,000 for signage, monuments and seals-$426,000 for business and promotional notification/inventory-$329,000 for forms, stationery, view book, catalogs-$175,000 for technology, including websites and IT support-$151,000 for other costs
It is assumed that these costs would be split between General Revenue and institutional funds.
An additional $90,000 for uniforms and athletic gear would be a cost to the institution's auxiliary funds.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 710 Texas A&M University System Administrative and General Offices
710 Texas A&M University System Administrative and General Offices
LBB Staff: JOB, SSh, KK, RT
JOB, SSh, KK, RT