LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 28, 2015 TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1191 by Seliger (Relating to the amount and allocation of the annual constitutional appropriation to certain agencies and institutions of higher education.), Committee Report 1st House, Substituted Estimated Two-year Net Impact to General Revenue Related Funds for SB1191, Committee Report 1st House, Substituted: a negative impact of ($262,500,004) through the biennium ending August 31, 2017.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
March 28, 2015
TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1191 by Seliger (Relating to the amount and allocation of the annual constitutional appropriation to certain agencies and institutions of higher education.), Committee Report 1st House, Substituted
TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1191 by Seliger (Relating to the amount and allocation of the annual constitutional appropriation to certain agencies and institutions of higher education.), Committee Report 1st House, Substituted
Honorable Kel Seliger, Chair, Senate Committee on Higher Education
Honorable Kel Seliger, Chair, Senate Committee on Higher Education
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1191 by Seliger (Relating to the amount and allocation of the annual constitutional appropriation to certain agencies and institutions of higher education.), Committee Report 1st House, Substituted
SB1191 by Seliger (Relating to the amount and allocation of the annual constitutional appropriation to certain agencies and institutions of higher education.), Committee Report 1st House, Substituted
Estimated Two-year Net Impact to General Revenue Related Funds for SB1191, Committee Report 1st House, Substituted: a negative impact of ($262,500,004) through the biennium ending August 31, 2017.
Estimated Two-year Net Impact to General Revenue Related Funds for SB1191, Committee Report 1st House, Substituted: a negative impact of ($262,500,004) through the biennium ending August 31, 2017.
General Revenue-Related Funds, Five-Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact to General Revenue Related Funds 2016 ($131,250,002) 2017 ($131,250,002) 2018 ($131,250,002) 2019 ($131,250,002) 2020 ($131,250,002)
2016 ($131,250,002)
2017 ($131,250,002)
2018 ($131,250,002)
2019 ($131,250,002)
2020 ($131,250,002)
All Funds, Five-Year Impact: Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund1 2016 ($131,250,002) 2017 ($131,250,002) 2018 ($131,250,002) 2019 ($131,250,002) 2020 ($131,250,002)
Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund1 2016 ($131,250,002) 2017 ($131,250,002) 2018 ($131,250,002) 2019 ($131,250,002) 2020 ($131,250,002)
2016 ($131,250,002)
2017 ($131,250,002)
2018 ($131,250,002)
2019 ($131,250,002)
2020 ($131,250,002)
Fiscal Analysis
The bill would reallocate Higher Education Fund appropriations between eligible recipient institutions and increase the annual constitutional allocation for the Higher Education Fund from $262,500,000 each fiscal year to $393,750,002 in each fiscal year beginning in fiscal year 2016.
Methodology
The current annual appropriation level for the Higher Education Fund is $262,500,000. The bill would increase the annual allocation to $393,750,002, which would result in an annual cost of $131,250,002 in General Revenue beginning in fiscal year 2016.
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, 720 The University of Texas System Administration, 768 Texas Tech University System Administration, 783 University of Houston System Administration, 758 Texas State University System, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board
710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 768 Texas Tech University System Administration, 783 University of Houston System Administration, 758 Texas State University System, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board
LBB Staff: UP, EMu, DEH, ED
UP, EMu, DEH, ED