BOARD OF REGENTS FOR UH SYSTEM APPROVES
$1 BILLION BUDGET FOR FY08
Increased Legislative Support Allows Continued Progress
in Research, Academics and Capital Improvements
HOUSTON, August 16, 2007– The University of Houston System
Board of Regents has approved a $1.1 billion budget for its four
universities and two teaching centers for fiscal year 2008.
The budget, which becomes effective Sept. 1, represents a 12.8 percent
increase from the previous year’s total of $986 million. This
reflects an overall increase in state funding authorized by the
80th Texas Legislature.
“We are grateful for the additional legislative support. We
can continue to make progress achieving key strategic objectives
such as research, academic enhancements and capital improvements,”
said Leroy Hermes, chairman of the UH System Board of Regents. “This
also allows us to keep our tuition and fee costs at a reasonable
level.”
Enrollment for the fall semester for the UH System is projected
to be approximately 57,000 students.
The FY08 budget calls for hiring 57 new faculty members, provides
$9 million in new financial aid for students, and allocates $6 million
per year for five years to build out UH’s Science and Engineering
Research and Classroom Complex. It also helps fund a $97-million
loft-style student residence at UH, an $12-million renovation and
expansion of UH-Clear Lake’s Arbor Building, a new $3.5-million
library project at UH-Downtown and a $35-million academic building
at UHS-Sugar Land teaching center.
Here are the individual budgets for each institution:
University of Houston – $812 million
UH-Clear Lake – $91 million
UH-Downtown – $119 million
UH-Victoria – $71 million
UH System Administration – $19 million
In addition to approving the budget, the board also elected officers
for FY08. Welcome Wilson Sr. will serve as chairman, Calvin Stephens
as vice chairman and Jim Wise as secretary. (See separate release.)
The nine-member UH System Board of Regents, who are appointed
by the governor of Texas, serves as the governing body of the University
of Houston System, which includes the University of Houston, UH-Clear
Lake, UH-Downtown, UH-Victoria and teaching centers in Sugar Land
and Cinco Ranch.
For more information about the UH System Board of Regents, please
see: http://www.uhsa.uh.edu/regents/
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ABOUT THE UNIVERSITY OF HOUSTON SYSTEM
The University of Houston System is the state’s only metropolitan
higher education system, encompassing four universities and two
multi-institution teaching centers. The universities are the University
of Houston, a nationally recognized doctoral degree-granting, comprehensive
research university; the University of Houston-Downtown, a four-year
undergraduate university beginning limited expansion into graduate
programs; and the University of Houston-Clear Lake and the University
of Houston-Victoria, both upper division and master’s-level
institutions. The centers are the UH System at Sugar Land and the
UH System at Cinco Ranch. In addition, the UH System includes KUHF-FM,
Houston’s National Public Radio and classical radio station,
and KUHT-TV, the nation’s first educational television station.
For more information about UH visit the universitys Newsroom at www.uh.edu/admin/media/newsroom.
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