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19-616 Southern University - Baton Rouge

Role, Scope, and Mission Statement: Southern University and Agricultural and Mechanical College (SUBR), a publicly supported, coeducational, land grant, historically Black, comprehensive institution, prepares students to compete globally in their respective professions, and to engage in advanced study in graduate and professional schools. The university is committed to a broad program of research, both basic and applied, and creative work to stimulate the faculty and students in a quest for knowledge and to aid society in resolving its scientific, technological, socio-economic and cultural problem. The university seeks to enhance student diversity by emphasizing educational access for students without regard to gender, ethnicity, age, geographical or national origin, or physical challenges.

Peer Institutions: University of Alabama, University of Arkansas at Little Rock, Florida Atlantic University, Northern Kentucky University, University of Mississippi Main Campus, North Carolina Agricultural and Technical State University, Tennessee Technological University, Texas Southern University, James Madison University, and West Virginia University.

BUDGET SUMMARY

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

In addition to the above recommended appropriation, $2,658,662 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)

 

$2,460,483

State General Fund by:

 

 

     Interagency Transfers

 

1,981

     Fees & Self-gen. Revenues

 

1,475,199

 

 

 

Total

 

$3,937,663

19 EDUCATION


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