Formula Funding Advisory Committees

Pursuant to Texas Education Code, Sections 61.059(b-b-1), advisory committees provide advice and recommendations regarding a set of formulas that provide appropriate funding levels and financial incentives necessary to best achieve the goals of the state’s higher education plan.

Formula Funding Recommendations

The Board is mandated to present formula funding recommendations to the Legislative Budget Board on June 1 of even years.

Formula Advisory Committee Meetings

In August of odd years, institutional representatives meet to answer the Commissioners charges relating to formula funding in preparation for the Board's recommendation to the Legislative Budget Board.

Membership:

Formula advisory committees are established for each upcoming biennium with institutional representatives for Texas Public Community, State and Technical Colleges (CTCFAC), General Academic Institutions (GAIFAC), and Health-Related Institutions (HRIFAC).

Upcoming and Recent Meetings

Meeting Summary Notes and Materials:

Inquiries should be directed to David.Young@thecb.state.tx.us.