Saturday, July 1, 2017

Local universities escape drastic cuts, but still feel impact - Silvia Foster-Frau, Express News

“From the standpoint of where the Senate started … we’re grateful,” said Bill Spindle, chief financial officer at A&M-San Antonio. The University of Texas at San Antonio will see a 1.7 percent increase in its “formula funding” for two years, bringing it to $158.2 million — the only university in the UT System that saw such growth. But it will face a 35 percent reduction in its special items funding, from $25.5 million to $16.9 million — an important category that supports the Institute for Texan Cultures, the Small Business Development Center, the San Antonio Life Sciences Institute, the university’s pre-engineering program, the Texas State Data Center and the “institutional enhancement” money that supports UTSA's tier-one aspirations.

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