By Scott Harvey
College Station – The Texas A&M University System Board of Regents Friday approved a $3.3 billion budget that will fund operations at its 11 universities for FY 2011.
The budget, which takes effect September 1, also funds the System's seven state agencies, health science center, and central administrative offices.
For A&M-Commerce, the FY 2011 operating budget is $117.1 million.
The University is budgeting $3.6 million in revenue growth over last year's actuals.
Tuition and fees are budgeted to increase by $5.1 million due to the $260/semester increase for a student enrolled in 15 semester credit hours. The increase includes a new athletic fee of $10 per semester credit hour that was approved by students in a local fee referendum.
A&M-Commerce is anticipating an expenditure growth of $6 million, or five percent, over FY 2010 projected actuals.
An executive summary of the University's FY 2011 budget is available at http://www.tamus.edu/offices/budgets-acct/budget/FY%20_2011/2011budget.pdf