Email, Wayne Pulver, manager, Publications and Production Team, Legislative Budget Board, June 21, 2017

>>> "Selby, Gardner (CMG-Austin)" 6/21/2017 12:38 PM >>>

Wayne:

Please help? I ask as a follow-up.

My note to RJ:

I have what I hope proves a quick follow-up query.

The 2018-19 budget includes $10,901.7 million in OTHER FUNDS for education. What are those other funds, specifically? Is any of the $10.9 billion from state revenue?

g.

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W. Gardner Selby

Reporter / News

Austin American-Statesman

PolitiFact Texas

(Pulver)

4:31 p.m.

Gardner, see the attached and below.  The total adds to a slightly higher amount than the $10.901.7 million in the GAA, because there are some appropriations from inter-agency contract dollars in the components that are subtracted when summarizing to avoid double-counting.  Let me know if you need anything further.  Wayne.

In Higher Ed, Other Funds include the following:

• $1.8 billion in Available University Fund;
• $380.2 million in various Other Funds at the Texas A&M System Agencies, including indirect cost recovery, fee revenue, appropriated receipts, and interagency contracts;
• $101.0 million at the Health Related Institutions, including appropriations from the Permanent Health Fund and various Permanent Endowment Funds (tobacco funds);
• $72.2 million in various funds at Coordinating Board, including student loan funds and other permanent funds;
• $46.3 million in Available National Research University Fund;
• $17.3 million in Permanent Fund Supporting Military and Veterans Exemptions; and
• $0.8 million in License Plates at various institutions;

Total: $2,417.8 million.  All these are state funds.

In Public Ed, Other Funds include the $8,495.7 million in the attached.  These are considered state funds with the following exceptions:

• Appropriated Receipts at TEA consist entirely of Foundation School Program recapture payments received from local school districts.  $4,570.9 million.
• Appropriated Receipts at Texas School for the Deaf (TSD) and Texas School for the Blind and Visually Impaired (TSBVI) consist primarily of funds received from local school districts (including both local tax and state aid) channeled through TEA based on the district's share of costs for students attending TSD and TSBVI, pursuant to the Texas Education Code, §30.003.  $26.1 million.
• Although the Pension Trust Fund is administered by TRS as the fiduciary once the funds are disbursed and therefore not considered "state funds," the Trust consists of a mixture of funds from various sources, including the state (based on the statutory state contribution rate of 6.8% of payroll); member contributions (based on the statutory employee contribution rate of 7.7% of payroll); and smaller employer contributions depending on the policies of school districts and institutions of higher education. In addition, a substantial portion of the Pension Trust Fund consists of investment income, which, as of fiscal year 2015, accounted for approximately 63.0% of the Pension Trust Fund's assets. Part of the $189.5 million.