Finance (Budget/Tuition)

State Agencies Tweaking Budgets
Archived

Sun, Aug 22, 2010

[AUSTIN] - The heads of state departments and agencies have spent the summer trying to find ways to cut their budgets. The state is facing a projected budget shortfall of at least 18-billion dollars, so all agencies have been ordered to cut expenses by ten percent. The Department of Criminal Justice, which runs the state prisons, says it will have to cut at least 47-hundred jobs and possibly as many as 72-hundred. The Alcoholic Beverage Commission, which complains it doesn't have the personnel to do its assigned job now, says it will be forced to cut 94 positions. Officials at the University of Texas at Arlington and the ...

State budget contingency plans would cut jobs, services
Archived

Sun, Aug 22, 2010

By Dave Montgomery AUSTIN -- State officials are presenting a somber picture of extensive job cuts and service reductions as they outline contingency plans to curtail spending by 10 percent over the next two years. The Texas Department of Criminal Justice, which runs the state prison system, says it could lose at least 4,700 positions and possibly as many as 7,200, including correctional officers and parole staff. Scores of other state entities are also drawing up plans to make unwanted personnel cuts that they say could have a withering impact on their public mission. The contingency plans are being drafted as part of the state'...

Emerging Research Universities Vie for Tier One Status
Archived

Thu, Aug 19, 2010

Seven Texas universities will meet in the Capitol today, all seeking the most coveted of higher education grails: so-called tier-one status.

 

It could take years before any of the emerging research universities transform into top-tier research institutions — if they do at all. But the state now pays them for demonstrated progress toward that goal, pitting them against one another in competition for limited funds.  

 

The joint hearing of the House and Senate higher education committees will mark their first chance to assure lawmakers — who easily passed a landmark bill in...

UNT regents committee approves fee increase, food vendor contract
Archived

Thu, Aug 19, 2010

FORT WORTH – Members of the University of North Texas Regents’ finance committee approved several items Thursday morning, including a student fee and selecting a food vender for the Denton campus.  

 

The items go before the full board for final approval this afternoon.

 

Before the committee approved an estimated $5 million contract for a prime food vendor, an amendment was added to the board proposal.  

 

A contract with Ben E. Keith Co.’s food division, the chosen vendor following an evaluation process, could potentially save roughly 8 to 10...

Hard times ahead at UT?
Archived

Thu, Aug 12, 2010
The president of the University of Texas at Austin warned Thursday that expected state budget cuts would put the school further behind its peers and could endanger the national standing of some programs. "We are already behind our competitors by very large amounts," said William Powers, describing the impact of projected funding cuts to members of UT's governing board. Gov. Rick Perry and other state leaders have asked state agencies, including public colleges and universities, to prepare for a 10 percent cut in state funding for the 2012 and 2013 fiscal years. If enacted, it would cost UT $29 million a year, Powers told regents....