Update Posted March 01, 2012
Huckaby Presents USG Budget Recommendations to House Higher Education Appropriations Subcommittee
Wednesday, February 15, marked the halfway point for the 2012 legislative session. With 20 days left on the calendar, budget decisions are looming and members of the general assembly are closely examining the details. Bills must leave the committee before crossover day, the last day for a bill to pass from one chamber to the other; therefore there is a lot of activity at the state capitol.
Much of the attention focuses on the FY13 budget and Chancellor Hank Huckaby, along with Senior Vice Chancellor John Brown, presented Governor Nathan Deal’s budget recommendations for the USG to the House of Representatives Higher Education Appropriations Subcommittee.
The governor’s recommended FY12 amended budget for the University System of Georgia (USG) is $1.7 billion in state funds, which includes a reduction of $33.95 million – a two percent reduction required of all state agencies. The governor’s recommended FY13 budget for the University System is $1.8 billion in state funds, an increase of $86.9 million over last year’s base budget. The governor’s recommendation for Formula Funding is $113.9 million, which includes $72.6 million for enrollment growth.
The governor’s recommendation for Capital Outlay is $232.6 million and includes:
• MRR $45 million
• Equipment $11.1 million
• Construction $164.5 million
• Georgia Research Alliance $8 million
• Fort McPherson Retrofit $4 million
Capital outlay for construction includes funding for:
• Georgia Health Sciences University Medical Commons $28 million
• University of Georgia Veterinary Medical Teaching Hospital $52.3 million
• Georgia Gwinnett College Allied Health Building $25.2 million
• Georgia Institute of Technology Engineered Bio systems Bldg. $59 million
The House Appropriations Subcommittees will meet on Monday, March 5. The full House will act on the budget recommendations on Wednesday, March 7.