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19-620 University of Louisiana Board of Supervisors

Role, Scope, and Mission Statement: To supervise and manage the institutions within the system, as constitutionally prescribed, in order for them to more effectively serve the educational needs of the citizens of the state.

BUDGET SUMMARY

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

In addition to the above recommended appropriation, $309,757 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)

 

$60,168

State General Fund by:

 

 

     Fees & Self-gen. Revenues

 

    18,508

 

 

 

Total

 

$78,676

19 EDUCATION


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