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19-615 Southern University Board of Supervisors

Role, Scope, and Mission Statement: The Southern University System is a diverse system ranging from a community college to a doctoral university with land grant functions. This system provides strategic planning, uniform business and human resource management, fiduciary duties, and planning and construction of physical facilities, information systems, and telecommunications. The system consists of the following campuses: Southern University-Baton Rouge, including the Law School, Southern University -New Orleans, and Southern University-Shreveport

BUDGET SUMMARY

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

In addition to the above recommended appropriation, $129,286 will be paid in Fiscal Year 1998-1999 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 1998-1999 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)

 

$66,373

 

 

 

Total

 

$66,373


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