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19-602 Louisiana State University - Alexandria

Role, Scope, and Mission Statement: Louisiana State University at Alexandria (LSUA), an open-admissions institution, will serve the educational needs of the citizens of Rapides and its contiguous parishes by providing credit and non-credit courses, associate degree programs for both transfer and job-oriented students, appropriate support services and resources, cultural and recreational opportunities for completion locally of baccalaureate degrees in a variety of disciplines.

Peer Institutions: Northeast Alabama State Community College, Lake City Community College, Darton College, Somerset Community College, Hagerstown Junior College, Craven Community College, Connors State College, Roane State Community College, Cisco Junior College and Blue Ridge Community College.

 

 

BUDGET SUMMARY

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

In addition to the above recommended appropriation, $76,516 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)

 

$294,943

State General Fund by:

 

 

     Fees & Self-gen. Revenues

 

  151,459

 

 

 

Total

 

$446,402


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