UH SYSTEM REGENTS APPROVE $933 MILLION
BUDGET FOR FISCAL YEAR 2005
Plans Include Faculty Expansion, Additional Construction
as Record Fall Enrollment Anticipated
HOUSTON, Aug. 19, 2004 – A $933 million budget for fiscal
year 2005 has been approved by the University of Houston System
Board of Regents.
The action was taken at a Thursday meeting that also saw the election
of Morgan Dunn O’Connor as the board’s new chair and
the confirmation of Tim Hudson as president of UH-Victoria. (Separate
releases have been distributed on these subjects.)
The budget represents a 5.8 percent increase from the previous
year’s total of $882 million. The new budget increases student
scholarship funds, expands the number of faculty members by nearly
10 percent, provides raises of two to three percent for staff, and
finances a number of construction projects at all four universities
in the UH System. The UH System is projecting a record enrollment
of more than 57,000 students for Fall 2004.
Campus by campus, the budget breaks down this way:
- University of Houston -- $717 million
- UH-Clear Lake -- $80 million
- UH-Downtown -- $89 million
- UH-Victoria -- $26 million
- UH System Administration -- $19 million
Additionally, the board approved final draft status of the Strategic
Principles and Initiatives document that will guide UHS planning
and decision-making going forward. (See http://www.uhsa.uh.edu/sysplanning/finalprinciples.doc.)
These initiatives include the development of new multi-institution
teaching centers (MITCs) in high-growth regions, with facilities
being planned in the Cypress Fairbanks/Highway 290 region, in Pearland,
and in the Texas Medical Center. Currently, UHS has MITCs in Sugar
Land and in Cinco Ranch.
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 in Fort
Bend 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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