ERIC Number: ED483984
Record Type: Non-Journal
Publication Date: 2004-Oct
Reference Count: 0
Higher Education Assistance Fund Proposed Reallocation For FY 2006 through FY 2015.
Texas Higher Education Coordinating Board
With the repeal of the statewide ad valorem tax in 1981, many state colleges and universities no longer had resources for construction, improvements, major repair and renovation, and the acquisition of capital equipment. The Legislature recognized the need to provide permanent capital funding for those colleges and universities not participating in the Permanent University Fund (PUF), which included some of the institutions of The University of Texas System and the Texas A&M University System. Amendments to the Texas Constitution provided for the appropriation of $100 million annually, beginning in September 1985, from the first money coming into the state treasury not otherwise appropriated by the constitution. This document contains statistical information on funds for each college in the state of Texas. Information from the first meeting of the Higher Education Assistance Fund (HEAF) Reallocation Advisory Committee and a summary of the recommendations from the Coordinating Board, are included in this document. The following are appended: (1) Higher Education Assistance Fund Reallocation Advisory Committee; and (2) Elements of the proposed HEAF Allocation Formula. (Contains 2 tables.)
Descriptors: Higher Education, State Colleges, State Legislation, Funding Formulas, Resource Allocation, State Aid, Educational Finance, Educational Facilities Improvement, Financial Support
Texas Higher Education Coordinating Board, P.O. Box 12788, Austin, TX 78711. Web site: http://www.thecb.state.tx.us.
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: Higher Education
Authoring Institution: Texas State Higher Education Coordinating Board, Austin.