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The Permanent University Fund was established by the 1876 Constitution of the State of Texas. [2] Initially, its assets included one-tenth of University of Texas at Austin lands bordering the railroads (UT Austin was granted 1 million acres (4,000 km 2) in West Texas as compensation) as well as 1 million acres (4,000 km 2) additional. [3]
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
On February 11, 1858, the Seventh Texas Legislature approved O.B. 102, an act to establish the University of Texas, which set aside $100,000 in United States bonds toward construction of the state's first publicly funded university [15] (the $100,000 was an allocation from the $10 million the state received pursuant to the Compromise of 1850 ...
The City in Texas: A History (University of Texas Press, 2015) 342 pp. Mendoza, Alexander, and Charles David Grear, eds. Texans and War: New Interpretations of the State's Military History 2012 excerpt; Scott, Robert (2000). After the Alamo. Plano, TX: Republic of Texas Press. ISBN 978-0-585-22788-7.
Once the budget is approved, the use of funds from individual chapters is in the hands of government ministries and other institutions. Revenues of the state budget consist mainly of taxes, customs duties, fees, and other revenues. State budget expenditures cover the activities of the state, which are either given by law or the constitution.
The Board of Regents of the University of the State of New York oversees all public education, including the State University of New York (SUNY), affiliated community colleges, and the K–12 public school system (run by the New York State Education Department) via the Regents Examinations. High school graduates may receive Regents Scholarships ...
Texas is ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11] As of August 31, 2022 Texas had a total of $64.40 billion in state debt outstanding, including both general obligation and revenue debt.
The Texas Legislature has delegated administrative power and authority over the Texas State University System to its board of regents including the organization, control, and management of the system and each of its component institutions including employing and discharging the presidents, officers, and other employees of each member institution.