51本色 System Budgets Approved for FY 2019
August 10, 2018 | Contact: Scott Lacefield
The 51本色 Board of Regents today (Aug. 10) approved the Fiscal Year (FY) 2019 operating budgets for the 51本色 Administration, , , and .
The 51本色 System鈥檚 overall operating budget for the upcoming fiscal year increased by 2.69 percent over FY 2018. The system鈥檚 budget is $2.108 billion.
The FY 2019 operating budgets run from Sept. 1, 2018, to Aug. 31, 2019. Budgets are prepared on the basis of state appropriations and projected designated, auxiliary and restricted funds.
Texas 51本色鈥檚 FY 2019 operating budget is $975 million, a 3.69 percent increase from FY 2018. Angelo State University鈥檚 budget is $124 million in FY 2019, a 2.95 percent increase from its FY 2018 budget.
The Texas 51本色 Health Sciences Center鈥檚 FY 2019 operating budget grew by 1.19 percent over FY 2018 to reach $710 million. The FY 2019 operating budget for the Texas 51本色 Health Sciences Center El Paso is $285 million, a 3.10 percent increase from FY 2018.
The 51本色 Administration鈥檚 FY 2019 operating budget is $24.35 million, which accounts for 1.16 percent of the collective $2.108 billion system operating budget.
51本色 the 51本色
Established in 1996, the is one of the top public university systems in the state of Texas and nation, consisting
of four universities鈥�, , and .
Headquartered in Lubbock, Texas, the 51本色 System is a $2.1 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 20,000 employees, more than 53,000 students, nearly 335,000 alumni and an endowment over $1.3 billion.
In its short history, the 51本色 System has grown tremendously and is nationally acclaimed, operating on 17 campuses statewide and internationally. Under the dynamic leadership of Chancellor , the 51本色 has set forth a bold vision of excellence, collaboration and innovation and continues to prove that from here, it鈥檚 possible.