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, appointed 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; and
- 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. Table 1: Operating and Capital Budget Including Expendable Funds and Accounts Sources of Finance
(click linked fund name for more info) | 2009
Actual | 2010
Actual | 2011
Actual | 2012
Actual | 2013
Approp | | General Fund | $14,112,000 | $13,141,400 | $13,590,100 | $14,224,600 | $17,846,200 | | General Fund, One-time | $920,100 | $2,029,500 | $0 | $5,539,700 | $2,050,000 | | Education Fund | $11,061,000 | $9,950,800 | $9,881,300 | $9,668,800 | $9,700,300 | | Education Fund, One-time | $3,319,000 | $1,754,000 | $3,850,000 | $0 | $1,250,000 | | Federal Funds | $1,158,900 | $1,083,800 | $1,038,500 | $463,500 | $303,100 | | American Recovery and Reinvestment Act | $0 | $2,000,000 | $0 | $0 | $0 | | Dedicated Credits Revenue | $173,000 | $0 | $200 | $1,600 | $0 | | GFR - Prison Telephone Surcharge Account | $935,900 | $0 | $0 | $0 | $0 | | Transfers - HED | $4,026,100 | $897,700 | $23,900 | $146,100 | $0 | | Beginning Nonlapsing | $965,700 | $385,400 | $430,100 | $344,400 | $344,500 | | Closing Nonlapsing | ($385,300) | ($430,100) | ($344,500) | ($2,528,400) | ($109,900) | | Total | $36,286,400 | $30,812,500 | $28,469,600 | $27,860,300 | $31,384,200 |
|---|
| | | | | | Line Items
(click linked line item name to drill-down) | 2009
Actual | 2010
Actual | 2011
Actual | 2012
Actual | 2013
Approp |
|---|
| Administration | $5,361,200 | $3,625,200 | $3,816,100 | $3,082,400 | $3,184,400 | | Student Assistance | $15,623,000 | $13,924,700 | $15,455,000 | $12,236,500 | $13,974,400 | | Student Support | $3,342,300 | $2,211,700 | $1,532,800 | $1,600,700 | $1,607,400 | | Technology | $10,580,500 | $8,425,600 | $7,364,100 | $7,182,300 | $8,112,400 | | Economic Development | $300,000 | $2,625,300 | $301,600 | $367,200 | $2,905,600 | | Education Excellence | $0 | $0 | $0 | $3,391,200 | $1,600,000 | | Jobs Now Initiative | $1,079,400 | $0 | $0 | $0 | $0 | | Total | $36,286,400 | $30,812,500 | $28,469,600 | $27,860,300 | $31,384,200 |
|---|
| | | | | | Categories of Expenditure
(mouse-over category name for definition) | 2009
Actual | 2010
Actual | 2011
Actual | 2012
Actual | 2013
Approp |
|---|
| Personnel Services | $2,964,800 | $2,468,100 | $2,962,200 | $3,029,800 | $3,091,500 | | In-state Travel | $132,500 | $92,300 | $103,300 | $137,900 | $130,600 | | Current Expense | $6,783,700 | $4,442,000 | $2,694,300 | $6,322,100 | $2,842,800 | | Capital Outlay | $4,300 | $5,400 | $0 | $0 | $0 | | Other Charges/Pass Thru | $26,401,100 | $23,804,700 | $22,709,800 | $18,370,500 | $25,319,300 | | Total | $36,286,400 | $30,812,500 | $28,469,600 | $27,860,300 | $31,384,200 |
|---|
| | | | | | |
Other Indicators | 2009
Actual | 2010
Actual | 2011
Actual | 2012
Actual | 2013
Approp | | Budgeted FTE | 33.0 | 23.2 | 20.1 | 23.4 | 23.4 | | Actual FTE | 25.1 | 20.8 | 23.8 | 23.4 | 0.0 |
|
|
|
|
|
|
|---|
Subcommittee Table of Contents |