Agency: State Board of Regents Function The Utah State Board of Regents was formed in 1969 as the governing body for the Utah System of Higher Education. The Board 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, 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: - 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 one Restricted Account has been utilized in the past. | Sources of Finance | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Actual | 2010
Approp | | General Fund | $16,720,700 | $16,480,700 | $16,480,900 | $14,112,000 | $13,141,400 | | General Fund, One-time | $0 | $0 | $0 | $920,100 | $2,154,900 | | Education Fund | $5,256,900 | $3,439,700 | $12,602,700 | $11,061,000 | $9,950,800 | | Education Fund, One-time | $965,000 | $4,080,100 | $8,409,700 | $3,319,000 | $954,000 | | Federal Funds | $1,421,064 | $1,142,160 | $1,321,500 | $1,158,900 | $303,100 | | American Recovery and Reinvestment Act | $0 | $0 | $0 | $0 | $2,000,000 | | Dedicated Credits Revenue | $557,207 | $418,639 | $374,600 | $173,000 | $100 | | GFR - Prison Telephone Surcharge Account | $100,000 | $819,436 | $886,600 | $935,900 | $0 | | Transfers | $0 | $0 | $0 | $4,026,100 | $0 | | Beginning Nonlapsing | $1,127,734 | $557,097 | $1,008,300 | $965,700 | $1,000,000 | | Closing Nonlapsing | ($1,351,719) | ($1,138,397) | ($965,700) | ($385,300) | $1,078,800 | | Total | $24,796,886 | $25,799,435 | $40,118,600 | $36,286,400 | $30,583,100 |
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| | Line Items | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Actual | 2010
Approp | | Administration | $5,847,668 | $4,181,839 | $6,338,300 | $8,732,800 | $5,061,500 | | Student Assistance | $7,269,941 | $8,817,022 | $11,636,500 | $11,195,800 | $12,622,500 | | Student Support | $0 | $0 | $0 | $0 | $2,201,100 | | Technology | $0 | $0 | $0 | $0 | $8,001,800 | | Economic Development | $0 | $0 | $0 | $0 | $2,696,200 | | Engineering Initiative | $2,000,000 | $1,200,000 | $5,000,000 | $250,000 | $0 | | Federal Programs | $518,552 | $1,142,160 | $1,321,500 | $0 | $0 | | Campus Compact | $100,000 | $100,000 | $100,000 | $100,000 | $0 | | Western Interstate Commission for Higher Education | $985,059 | $895,100 | $967,200 | $1,266,000 | $0 | | T.H. Bell Teaching Incentive Loans Program | $783,684 | $630,774 | $1,915,800 | $2,311,200 | $0 | | University Centers | $264,800 | $0 | $0 | $0 | $0 | | Higher Education Technology Initiative | $2,445,600 | $3,845,600 | $7,709,700 | $7,397,000 | $0 | | Jobs Now Initiative | $960,004 | $1,516,876 | $1,023,100 | $1,079,400 | $0 | | Electronic College | $738,078 | $586,564 | $923,000 | $770,700 | $0 | | Utah Academic Library Consortium | $2,883,500 | $2,883,500 | $3,183,500 | $3,183,500 | $0 | | Total | $24,796,886 | $25,799,435 | $40,118,600 | $36,286,400 | $30,583,100 |
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| | Categories of Expenditure | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Actual | 2010
Approp | | Personnel Services | $2,612,129 | $2,742,731 | $3,112,100 | $2,964,800 | $5,118,000 | | In-state Travel | $84,547 | $71,045 | $82,700 | $132,500 | $76,900 | | Current Expense | $2,752,316 | $2,771,934 | $2,490,500 | $6,783,700 | $1,902,800 | | Capital Outlay | $0 | $42,260 | $49,400 | $4,300 | $0 | | Other Charges/Pass Thru | $19,347,894 | $20,171,465 | $34,383,900 | $26,401,100 | $23,485,400 | | Total | $24,796,886 | $25,799,435 | $40,118,600 | $36,286,400 | $30,583,100 |
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| | Other Indicators | 2006
Actual | 2007
Actual | 2008
Actual | 2009
Actual | 2010
Approp | | Budgeted FTE | 27.2 | 27.3 | 32.4 | 25.1 | 23.2 |
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Subcommittee Table of Contents |