Compendium of Budget Information for the 2012 General Session

Higher Education
Appropriations Subcommittee
Subcommittee Table of Contents

Agency: State Board of Regents

Function

The Utah State Board of Regents, is the governing body for the Utah System of Higher Education. The Board was formed in 1969 and consists of 19 residents of the State. The Governor appoints fifteen regents and one student regent. Two members of the State Board of Education, appointed by the chair of that board, serve as nonvoting members. One member of the Utah College of Applied Technology Board of Trustees, appinted by the chair of that board also serves as a nonvoting member.

The Board oversees the establishment of policies and procedures, executive appointments and master planning. In addition, it approves financial and budgetary procedures and proposals for legislation. The Board also develops governmental relationships.

Statutory Authority

The following laws govern the Board of Regents in addition to the laws previously mentioned:

  • UCA 53B-1 defines the governance, powers, rights and responsibilities of the Board of Regents
  • UCA 53B-6 requires the board of establish a master plan for higher education, evaluate the productivity of the institutions, assess student performance, and biennially report their assessment to the Legislature.
  • UCA 53B-7 requires the board to prepare appropriation recommendations on the operating budgets of the higher education institutions.

Funding Detail

The State Board of Regents funding consists mainly of General Funds and Education Funds, most of which are passed through to the institutions, however there are some Federal Funds and one restricted account has been utilized in the past.

Sources of Finance
2008
Actual
2009
Actual
2010
Actual
2011
Actual
2012
Approp
General Fund $16,480,900 $14,112,000 $13,141,400 $13,590,100 $14,224,600
General Fund, One-time $0 $920,100 $2,029,500 $0 $5,539,700
Education Fund $12,602,700 $11,061,000 $9,950,800 $9,881,300 $9,668,800
Education Fund, One-time $8,409,700 $3,319,000 $1,754,000 $3,850,000 $0
Federal Funds $1,321,500 $1,158,900 $1,083,800 $1,038,500 $303,100
American Recovery and Reinvestment Act $0 $0 $2,000,000 $0 $0
Dedicated Credits Revenue $374,600 $173,000 $0 $200 ($100)
GFR - Prison Telephone Surcharge Account $886,600 $935,900 $0 $0 $0
Transfers - HED $0 $4,026,100 $897,700 $23,900 $0
Beginning Nonlapsing $1,008,300 $965,700 $385,400 $430,100 $430,100
Closing Nonlapsing ($965,700) ($385,300) ($430,100) ($344,500) ($430,100)
Total
$40,118,600
$36,286,400
$30,812,500
$28,469,600
$29,736,100
 
Line Items
2008
Actual
2009
Actual
2010
Actual
2011
Actual
2012
Approp
Administration $5,387,500 $5,361,200 $3,625,200 $3,816,100 $2,934,000
Student Assistance $14,469,500 $15,623,000 $13,924,700 $15,455,000 $12,190,600
Student Support $3,295,300 $3,342,300 $2,211,700 $1,532,800 $1,539,600
Technology $10,893,200 $10,580,500 $8,425,600 $7,364,100 $7,183,500
Economic Development $5,050,000 $300,000 $2,625,300 $301,600 $348,700
Education Excellence $0 $0 $0 $0 $5,539,700
Jobs Now Initiative $1,023,100 $1,079,400 $0 $0 $0
Total
$40,118,600
$36,286,400
$30,812,500
$28,469,600
$29,736,100
 
Categories of Expenditure
2008
Actual
2009
Actual
2010
Actual
2011
Actual
2012
Approp
Personnel Services $3,112,100 $2,964,800 $2,468,100 $2,962,200 $2,447,500
In-state Travel $82,700 $132,500 $92,300 $103,300 $133,500
Current Expense $2,490,500 $6,783,700 $4,442,000 $2,694,300 $2,183,100
Capital Outlay $49,400 $4,300 $5,400 $0 $0
Other Charges/Pass Thru $34,383,900 $26,401,100 $23,804,700 $22,709,800 $24,972,000
Total
$40,118,600
$36,286,400
$30,812,500
$28,469,600
$29,736,100
 
Other Indicators
2008
Actual
2009
Actual
2010
Actual
2011
Actual
2012
Approp
Budgeted FTE 27.3 33.0 23.2 20.1 20.1
Actual FTE 32.2 25.1 20.8 23.8 0.0






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