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19-601 Louisiana State University - Baton Rouge

Role, Scope and Mission Statement: The mission of Louisiana State University and Agricultural College (LSU) is the generation, preservation, dissemination, and application of knowledge and cultivation of the arts for the benefit of the people of the state, the nation, and the global community.

Peer Institutions: Auburn University Main Campus, University of Florida, University of Georgia, University of Kentucky, University of Maryland College Park Campus, North Carolina State University at Raleigh, University of South Carolina at Columbia, University of Tennessee at Knoxville, Texas A & M University, and Virginia Polytechnic Institute and State University.

BUDGET SUMMARY

This agency's recommended appropriation does not include any funds for short-term debt.

In addition to the above recommended appropriation, $4,322,987 will be paid in Fiscal Year 1999-2000 for long-term debt incurred on behalf of this agency from the previous sale of bonds. Total long-term debt service payments for the state for Fiscal Year 1999-2000 are reflected in the Governor's Executive Budget Supporting Document in Non-Appropriated Requirements, Schedule 22-922.

This agency's recommended appropriation also includes the following amount by means of financing for payments on the unfunded accrued liability of the Louisiana State Employees' Retirement System and the Teachers' Retirement System in accordance with the provisions of Article X, Section 29 of the Constitution of Louisiana:

State General Fund (Direct)

 

$  6,742,883

State General Fund by:

 

 

     Interagency Transfers

 

$10,218

     Fees & Self-gen. Revenues

 

$5,540,851

     Statutory Dedications

 

         $62,136

 

 

  

Total

 

$12,356,088


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