Contact: Monty Jones, (512) 499-4363

Date:

FY 2000 Budget

Comments on Method of Financing

• Net GENERAL REVENUE increased $116.0 Million as a result of increased in funding from the 76^th Legislature. General Revenue decreased as a percent of the Total Expenditure Budget from 25.2% in Fiscal Year 1999 to 25.1% in Fiscal Year 2000.

• The net increase of $75.8 Million in EDUCATIONAL AND GENERAL INCOME is the result of increased tuition, overhead recovery, and income from patients. The tuition increase is largely the result of a rate increase from $36 to $38 per semester credit hour for resident students, additional graduate tuition differential and non-resident tuition increases. Income from overhead recovery increased by 5.4% ($7.1 Million) which corresponds to the increase in Sponsored Research. Overall Patient Income increased $57.4 Million or 7.8% over FY 1999.

• OTHER SOURCES OF EDUCATIONAL AND GENERAL OPERATING FUNDS increased $24.6 Million. The increase primarily results from $20.0 million indigent care assistance budgeted as a State Grant and Contract at U.T. MB Galveston.

• Decrease in FUNDING FROM PRIOR YEAR BALANCES is $1.0 Million.

• EDUCATIONAL AND GENERAL CAPITAL PROJECTS increased $32.9 Million for projects at U. T. MD Anderson.

• SYSTEM OFFICES - funding requirements show a decrease of $2.4 Million, however, this is due to the inclusion of the Legislative appropriation of $2.35 Million for the Regional Academic Health Center in the FY 1999 total. In the FY 2000 budget, this appropriation has been transferred to the appropriate component institutions.

• Increase of $15.4 Million in AUXILIARY ENTERPRISES is due to increased fees and charges necessary to cover anticipated operating costs.

• DESIGNATED FUNDS increased 12.2%. Estimates of Practice Plan revenues increased by $40.6 Million due to increases in number of patients and increases in rates. Other Designated Funds increased 17.4% or $108.0 Million due in large part to $48.5 million of tobacco settlement endowment earnings and appropriations. Increases in Designated Tuition and fees at academic institutions, an anticipated increase in TDCJ contract income at U.T. MB Galveston and unrestricted gift income at U.T. MD Anderson are primarily responsible for the remainder of the increase.

• SPONSORED RESEARCH has increased 5.7% or $40.8 Million. This increase is due to increased research activities.

• PRIVATELY SPONSORED RESEARCH shows an increase of $10.4 Million or 10.4%. Increases were shown at U.T. Southwestern ($7.1 Million) and U.T. HSC Houston ($2.2 Million.)

• GIFTS AND GRANTS has increased $18.4 Million or 12.4% primarily resulting from increases at U.T. Austin ($8.7 Million), and U.T. MD Anderson ($7.7 Million.

Method of Financing Chart (Attachment)
Method of Financing Comments (Attachment)
Method of Financing - All Funds (Chart) - Must have Adobe Acrobat Reader to view.
Expenditures Chart (Attachment)
Comment on Expenditure
Summary of Expenditures by Category - Must have Adobe Acrobat Reader to view.

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