Overall 2 percent decrease from FY 2011 projected
COLLEGE STATION – The Texas A&M University System Board of Regents today approved a $3.3 billion budget that will fund operations at its 11 universities, seven state agencies, health science center, and central administrative offices in FY 2012.
The FY 2012 budget is reflective of a 2 percent, or $70.7 million, decrease in operational activities funded by all revenue sources when compared to FY 2011.
The budget reflects increased revenues to capture systemwide enrollment growth projected at 4 percent, as well as an additional $121 million appropriated to the Texas Forest Service to cover the costs incurred in fighting the state’s wildfires. Also, in an effort to keep the cost of attending A&M System universities affordable, there were no increases to the overall designated tuition rates, with the exception of specific targeted differential designated tuition increases. The new budget will take effect Sept. 1.
The FY 2012 operating budgets for the A&M System universities and agencies are:
Prairie View A&M University $170.9 million
Tarleton State University $126.9 million
Texas A&M International University $84.4 million
Texas A&M University $1.2 billion
Texas A&M University at Galveston $45.5 million
Texas A&M University-Central Texas $26.2 million
Texas A&M University-Commerce $131.3 million
Texas A&M University-Corpus Christi $146.5 million
Texas A&M University-Kingsville $109.1 million
Texas A&M University-San Antonio $34.7 million
Texas A&M University-Texarkana $23.2 million
West Texas A&M University $115.9 million
The Texas A&M Health Science Center $194.4 million
Texas AgriLife Research $184.9 million
Texas AgriLife Extension Service $111.3 million
Texas Forest Service $49.2 million
Texas Veterinary Medical Diagnostic Laboratory $16.6 million
Texas Engineering Experiment Station $148.5 million
Texas Engineering Extension Service $82.5 million
Texas Transportation Institute $61.5 million
System Offices Operations $30.5 million
Debt Service $251.5 million
TOTAL $3.3 billion
The operating budget includes, among other funding sources, tuition and fee revenue increases of $37.7 million, or 4 percent. Expenditures include $1.9 billion to cover personnel costs, which accounts for 56 percent of the total operating budget.
An executive summary of the FY 2012 budget is available online at: http://www.tamus.edu/offices/budget-acct/budget/summary/
About the A&M System
The A&M System is one of the largest systems of higher education in the nation, with a budget of $3.3 billion. Through a statewide network of 11 universities, seven state agencies and a comprehensive health science center, the A&M System educates more than 120,000 students and makes more than 22 million additional educational contacts through service and outreach programs each year. Externally funded research expenditures exceed $772 million and help drive the state’s economy.