Agency: State Board of Regents Function The Utah State Board of Regents was formed in 1969 as a governing body for the Utah System of Higher Education. The Board consists of eighteen residents of the State; fifteen regents and one student regent are appointed by the Governor of Utah. Two members of the State Board of Education, appointed by the chair of that board, serve as nonvoting members. The Board oversees the establishment of policies and procedures, executive appointments and master planning. In addition, the board 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 in Chapter II: - 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 recommendation 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 Dedicated Credits, as well as one Restricted Account. | Sources of Finance | 2005
Actual | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Approp | | General Fund | $19,830,400 | $16,720,700 | $16,480,700 | $16,480,900 | $15,715,700 | | General Fund, One-time | $0 | $0 | $0 | $0 | ($574,800) | | Education Fund | $253,600 | $5,256,900 | $3,439,700 | $12,602,700 | $11,671,400 | | Education Fund, One-time | $0 | $965,000 | $4,080,100 | $8,409,700 | $2,708,600 | | Federal Funds | $1,343,966 | $1,421,064 | $1,142,160 | $1,321,500 | $303,100 | | Dedicated Credits Revenue | $460,226 | $557,207 | $418,639 | $374,600 | $375,600 | | GFR - Prison Telephone Surcharge Account | $0 | $100,000 | $819,436 | $886,600 | $1,000,000 | | Transfers | $154,400 | $0 | $0 | $0 | $0 | | Beginning Nonlapsing | $1,921,501 | $1,127,734 | $557,097 | $1,008,300 | $581,200 | | Closing Nonlapsing | ($1,127,731) | ($1,351,719) | ($1,138,397) | ($965,700) | $0 | | Total | $22,836,362 | $24,796,886 | $25,799,435 | $40,118,600 | $31,780,800 |
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| | Line Items | 2005
Actual | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Approp | | Administration | $3,929,221 | $5,847,668 | $4,181,839 | $6,338,300 | $5,547,600 | | Engineering Initiative | $1,003,100 | $2,000,000 | $1,200,000 | $5,000,000 | $250,000 | | Federal Programs | $452,222 | $518,552 | $1,142,160 | $1,321,500 | $303,100 | | Campus Compact | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | | Student Aid | $8,211,409 | $7,269,941 | $8,817,022 | $11,636,500 | $11,195,800 | | Western Interstate Commission for Higher Education | $990,559 | $985,059 | $895,100 | $967,200 | $1,021,900 | | T.H. Bell Scholarship Program | $992,967 | $783,684 | $630,774 | $1,915,800 | $1,999,100 | | University Centers | $257,600 | $264,800 | $0 | $0 | $0 | | Nursing Initiative | $675,000 | $0 | $0 | $0 | $0 | | Higher Education Technology Initiative | $2,204,302 | $2,445,600 | $3,845,600 | $7,709,700 | $6,424,700 | | Jobs Now Initiative | $0 | $960,004 | $1,516,876 | $1,023,100 | $1,000,000 | | Electronic College | $1,136,482 | $738,078 | $586,564 | $923,000 | $755,100 | | Utah Academic Library Consortium | $2,883,500 | $2,883,500 | $2,883,500 | $3,183,500 | $3,183,500 | | Total | $22,836,362 | $24,796,886 | $25,799,435 | $40,118,600 | $31,780,800 |
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| | Categories of Expenditure | 2005
Actual | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Approp | | Personal Services | $2,474,754 | $2,612,129 | $2,742,731 | $3,112,100 | $2,287,300 | | In-State Travel | $79,266 | $84,547 | $71,045 | $82,700 | $85,000 | | Current Expense | $9,168,887 | $2,752,316 | $2,771,934 | $2,490,500 | $1,184,700 | | Capital Outlay | $37,408 | $0 | $42,260 | $49,400 | $55,000 | | Other Charges/Pass Thru | $11,076,047 | $19,347,894 | $20,171,465 | $34,383,900 | $28,168,800 | | Total | $22,836,362 | $24,796,886 | $25,799,435 | $40,118,600 | $31,780,800 |
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| | Other Indicators | 2005
Actual | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Approp | | Budgeted FTE | 27.2 | 27.2 | 27.3 | 32.4 | 26.3 | | Vehicles | 2 | 0 | 0 | 0 | 0 |
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Subcommittee Table of Contents |