Release Date: August 18, 2006
Regents Adopt Operating Budget for ASU
Regents of the Texas State University System (TSUS) approved a $68.7 million operating budget and authorized a performance contract agreement to reduce utility costs for Angelo State University during the boards regular meeting Friday, Aug. 18, in Austin.
The budget, totaling $68,744,198, marks a 10.3 percent increase over the $62,284,935 operating budget adopted last year. The board also approved $1.6 million in routine budget adjustments for the current fiscal year.
At the direction of the board, the university entered into a $13.2 million, multi-year service contract with TAC Americas, Inc., for a campus-wide, energy-saving program. The program is expected to save approximately $923,000 a year in costs for electricity, gas, water and sewer.
In other business, the board:
*Approved fourth class day reports showing enrollments of 1,927 for the first summer term and 1,717 for the second summer term.
*Authorized acceptance of Fulbright Scholar Awards to two faculty members.
*Changed the name of the Southwest Studies Program to Texas and Borderland Studies Program, effective this fall.
*Established a Department of Curriculum and Instruction in the College of Education, effective this fall.
*Okayed out-of-country study courses at the University of Lneburg in Germany; Kuban State University in Krasnodar, Russia; Heriot Watt University in Edinburgh, Scotland; and Monterrey Tech University in Chihuahua, Mexico.
*Granted public easements on three parcels of land for utilities to serve Centennial Village, the new residence hall under construction on the west side of the campus.
*Approved an 18-month ground lease with Midway Companies of Houston to study the development potential of a 16-acre tract of university land adjacent to Knickerbocker Road.
*Accepted $91,300 in donations to the university.
*Authorized the Athletic Department to lease three automobiles on an annual basis for administrative, recruiting and scouting activities.
The TSUS board serves as the governing body for ASU and the other eight institutions making up the system. The other institutions are Lamar University, Lamar Institute of Technology, Lamar State College-Orange, Lamar State College-Port Arthur, Sam Houston State University, Sul Ross State University, Sul Ross State University-Rio Grande College and Texas State University-San Marcos.