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Texas Statutes (Last Updated: January 4, 2014) |
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EDUCATION CODE |
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Title 3. HIGHER EDUCATION |
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Subtitle B. STATE COORDINATION OF HIGHER EDUCATION |
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Chapter 62. CONSTITUTIONAL AND STATUTORY FUNDS TO SUPPORT INSTITUTIONS OF HIGHER EDUCATION |
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Subchapter B. AMOUNTS ALLOCATED BY EQUITABLE ALLOCATION FORMULA |
Sec. 62.021. ALLOCATIONS
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(a) In each state fiscal year beginning with the state fiscal year ending August 31, 2011, an eligible institution is entitled to receive an amount allocated in accordance with this section from the funds appropriated for that year by Section 17(a), Article VII, Texas Constitution. The comptroller shall distribute funds allocated under this subsection only on presentation of a claim and issuance of a warrant in accordance with Section 403.071, Government Code. An eligible institution may not present a claim to be paid from any funds allocated under this subsection before the delivery of goods or services described in Section 17, Article VII, Texas Constitution, except for the payment of principal or interest on bonds or notes or for a payment for a book or other published library material as authorized by Section 2155.386, Government Code. The allocation of funds under this subsection is made in accordance with an equitable formula consisting of the following elements: space deficit, facilities condition, institutional complexity, and a separate allocation for the Texas State Technical College System. The annual amounts allocated by the formula are as follows:
(1) $3,559,433 to Midwestern State University;
(2) $27,846,476 to the University of North Texas;
(3) $8,771,265 to the University of North Texas Health Science Center at Fort Worth;
(4) $12,311,123 to The University of Texas--Pan American;
(5) $5,057,420 to The University of Texas at Brownsville;
(6) $8,425,937 to Stephen F. Austin State University;
(7) to the following component institutions of the Texas State University System:
(A) $8,330,933 to Lamar University;
(B) $2,332,463 to the Lamar Institute of Technology;
(C) $1,235,752 to Lamar State College--Orange;
(D) $1,244,694 to Lamar State College--Port Arthur;
(E) $11,893,110 to Sam Houston State University;
(F) $21,863,258 to Texas State University--San Marcos;
(G) $1,625,061 to Sul Ross State University; and
(H) $445,380 to Sul Ross State University-Rio Grande College;
(8) $8,894,700 to Texas Southern University;
(9) to the following component institutions of the Texas Tech University System:
(A) $23,936,088 to Texas Tech University;
(B) $16,973,569 to Texas Tech University Health Sciences Center; and
(C) $3,743,027 to Angelo State University;
(10) $10,169,695 to Texas Woman's University;
(11) to the following component institutions of the University of Houston System:
(A) $35,885,768 to the University of Houston;
(B) $2,393,921 to the University of Houston--Victoria;
(C) $5,214,167 to the University of Houston--Clear Lake; and
(D) $7,435,238 to the University of Houston--Downtown;
(12) to the following component institutions of The Texas A&M University System:
(A) $7,139,067 to Texas A&M University--Corpus Christi;
(B) $3,796,436 to Texas A&M International University;
(C) $5,046,885 to Texas A&M University--Kingsville;
(D) $4,652,995 to West Texas A&M University;
(E) $5,193,232 to Texas A&M University--Commerce; and
(F) $1,307,907 to Texas A&M University--Texarkana; and
(13) $5,775,000 to the Texas State Technical College System Administration and the following component campuses, but not its extension centers or programs:
(A) Texas State Technical College-Harlingen;
(B) Texas State Technical College--Marshall;
(C) Texas State Technical College--West Texas; and
(D) Texas State Technical College--Waco.
(b) Each governing board participating in the distribution of funds as described in this section may expend the funds without limitation, and as the governing board may decide in its sole discretion, for any and all purposes described in Article VII, Section 17, of the Constitution of Texas; provided, however, that for new construction, major repair and rehabilitation projects, and land acquisition projects, those funds may not be expended without the prior approval of the legislature or the approval, review, or endorsement, as applicable, of the coordinating board; and provided further that review and approval of major repair and rehabilitation shall apply only to projects in excess of $600,000.
(c) Each governing board participating in the distribution of funds as described in this section may issue bonds and notes as authorized in Article VII, Section 17, of the Constitution of Texas. For purposes of this chapter, the governing board of Texas Tech University may issue bonds and notes as authorized in Article VII, Section 17, of the Constitution of Texas, on behalf of both Texas Tech University and Texas Tech University Health Sciences Center, and the annual appropriations of both institutions may be combined and pledged by the governing body of Texas Tech University in support of such bonds and notes.
(d) All funds appropriated by Article VII, Section 17, of the Constitution of Texas, but not expended during the fiscal year of appropriation, shall be carried forward and reappropriated for each of the succeeding fiscal years until expended by the governing boards of eligible institutions for the purposes described in Article VII, Section 17, of the Constitution of Texas.
(e) Whereas the University of North Texas at Dallas was created as an institution of higher education by Chapter 25 (S.B. 576), Acts of the 77th Legislature, Regular Session, 2001, which was approved by a vote of more than two-thirds of the membership of each house of the legislature, the University of North Texas at Dallas is entitled to participate in the funding provided by Section 17, Article VII, Texas Constitution, as soon as the University of North Texas at Dallas operates as a general academic teaching institution.
(f) Pursuant to the annual allocation amounts shown in Subsections (a) and (a-1) for each year of the remaining 10-year allocation period established under Section 17(d), Article VII, Texas Constitution, that ends in 2015, the comptroller shall distribute to the Lamar Institute of Technology a portion of the total annual appropriation under Section 17(a), Article VII, Texas Constitution.