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19-627 McNeese State University

Role, Scope, and Mission Statement: McNeese State University provides associate, baccalaureate, masters’ and specialist degree programs in various disciplines to meet the needs of citizens, businesses, and industries in southwest Louisiana.

Peer Institutions: Jacksonville State University, University of Central Arkansas, University of North Florida, Valdosta State College, Murray State University, Towson State University, Western Carolina University, College of Charleston, Tennessee Technological University, and The University of Texas-Pan American at Edinburg.

BUDGET SUMMARY

This agency's recommended appropriation includes $58,619 for short-term debt, including Lease Purchase agreements.

In addition to the above recommended appropriation, $1,182,829 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)

 

$1,113,765

State General Fund by:

 

 

     Fees & Self-gen. Revenues

 

 803,535

 

 

 

Total

 

$1,917,300

19 EDUCATION


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