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19-625 Louisiana Tech University

Role, Scope, and Mission Statement: Louisiana Tech University (La. Tech) serves primarily the citizens of north Louisiana. La. Tech has selective admissions and offers baccalaureate programs in a broad range of studies in the arts, humanities, liberal arts and sciences and in professional areas such as agriculture, allied health, architecture, aviation, business, education, engineering, and forestry. The university offers several master's programs and offers doctoral/research programs in the areas of business administration, engineering, computational analysis, and counseling psychology. It also participates in a unique consortium with Grambling State University and Northeast Louisiana University to offer an Ed.D. program in Curriculum/Instruction and Educational Readership. As the only university in north Louisiana with a college of engineering, La. Tech serves engineering needs throughout central and north Louisiana.

Peer Institutions: University of South Alabama, University of Arkansas at Little Rock, Florida International University, Western Kentucky University, University of Maryland Baltimore County Campus, University of Mississippi Main Campus, University of North Carolina at Charlotte, Tennessee Technological University, University of Texas at Arlington, and Old Dominion University.

BUDGET SUMMARY

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

In addition to the above recommended appropriation, $3,521,993 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)

 

$1,687,209

State General Fund by:

 

 

     Fees & Self-gen Revenues

 

1,199,704

 

 

 

Federal Funds

 

            611

 

 

 

Total

 

$2,887,524

19 EDUCATION


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