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ERIC Number: ED401807
Record Type: Non-Journal
Publication Date: 1995-Oct
Pages: 37
Abstractor: N/A
Reference Count: N/A
An Overview of Article III, House Bill 1, 74th Legislature (General Appropriations Act). Agencies of Public Higher Education.
Texas Higher Education Coordinating Board, Austin.
This report provides an overview of House Bill 1, 74th Texas Legislature, the appropriations act for the state of Texas for the 1996-97 biennium, focusing on those aspects of the bill devoted to higher education. Nearly 42 percent of the $80.2 billion budget is devoted to education, with $9.9 billion appropriated for higher education. The Higher Education Assistance Fund (HEAF), which provides funding for capital expenditures, received the single largest increase in the higher education appropriation, going from $200 million in 1994-95 to $450 million in 1996-97. Funding for the Optional Retirement Program was reduced, while nearly $55 million of new special item funding was included in the appropriation. A 1.26 percent across-the-board reduction in all general appropriations, designed to save $326 million, was imposed by the 74th Legislature. Ten tables and 11 figures provide detailed information on 1994-95 and 1996-97 higher education funding by category and institution. (MDM)
Texas Higher Education Coordinating Board, P.O. Box 12788, Austin, TX 78711.
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: Texas Higher Education Coordinating Board, Austin.
Identifiers - Location: Texas