Current through Reg. 50, No. 13; March 28, 2025
(a) Non-Formula Support
Items. For the purpose of distributing state appropriations to a public junior
college in a fiscal year, the Coordinating Board shall distribute the full
amount of all fiscal year non-formula support items appropriated to the
institution tin accordance with the provisions of the General Appropriations
Act in effect for the biennium by September 25 of the fiscal year, or on a date
as required by the General Appropriations Act. The Coordinating Board shall
recover any overallocation or adjust any installment required to comply with
state law or Board rules.
(b)
Formula Funding Amounts: Fall. For the purpose of distributing state
appropriations to a public junior college district in a fiscal year, the
Coordinating Board shall distribute to each district by October 15 of the
fiscal year:
(1) Current Fiscal Year
Foundation Payment: one-half of the foundation payment the Coordinating Board
determines the district may be entitled to receive for the current fiscal year,
consisting of base tier funding for the fiscal year and performance tier
funding calculated using funding certified performance outcomes data from the
fiscal year two years prior to the fiscal year and performance outcomes for the
prior and current fiscal years forecasted pursuant to §
13.624 of this subchapter
(relating to Forecasting Fundable Outcomes).
(2) Projected Prior-Year Settle Up: the
Coordinating Board shall add the full amount, including if such amount is a
negative number, of:
(A) performance tier
funding for the fiscal year prior to the current fiscal year calculated using:
(i) fundable certified performance outcomes
data from the fiscal years three and two years prior to the current fiscal
year; and
(ii) performance outcomes
for the fiscal year prior to the current fiscal year forecasted pursuant to
§
13.624 of this subchapter;
minus
(B) the sum of
performance tier funding payments made under the prior fiscal year foundation
payments and dynamic adjustment.
(3) Two-Years Prior Close Out: the
Coordinating Board shall add the full amount, including if such amount is a
negative number, of:
(A) performance tier
funding for the fiscal year two years prior to the current fiscal year
calculated using fundable certified performance outcomes data from the fiscal
years four, three, and two years prior to the current fiscal year;
minus
(B) the sum of performance
tier funding payments made under the foundation payments, dynamic adjustment,
projected settle-up adjustment, and settle-up adjustment for the fiscal year
two years prior to the current fiscal year.
(c) Formula Funding Amounts: Spring. For the
purpose of distributing state appropriations to a public junior college
district in a fiscal year, the Coordinating Board shall distribute to each
district by February 15 of the fiscal year:
(1) Foundation Payment: one-quarter of the
foundation payment as described in subsection (b)(1) of this section.
(2) Current Year Dynamic Adjustment: the full
positive amount by which performance tier funding of the foundation payment for
the current fiscal year as described in subsection (b)(1) of this section is
less than a calculation of performance tier funding using:
(A) fundable certified performance outcomes
data from the fiscal year two years prior to the current year;
(B) preliminary outcomes data from the prior
fiscal year; and
(C) performance
outcomes for all other required data elements for the prior and current fiscal
years forecasted pursuant to §
13.624 of this
subchapter.
(3) Prior
Year Settle Up: the full positive amount of the difference between:
(A) performance tier funding for the prior
fiscal year calculated using:
(i) fundable
certified performance outcomes data from the fiscal years three and two years
prior to the current fiscal year;
(ii) preliminary outcomes from the prior
fiscal year; and
(iii) performance
outcomes for all other elements for the prior fiscal year forecasted pursuant
to §
13.624 of this subchapter;
minus
(B) the sum of
performance tier funding payments made under the prior fiscal year foundation
payments, dynamic adjustment, and projected settle-up.
(d) Formula Funding Amounts:
Summer. For the purpose of distributing state appropriations to a public junior
college district in a fiscal year, the Coordinating Board shall distribute to
each district by June 15 of even-numbered years and, in odd-numbered years, by
a date as soon as is practicable after June 15 in accordance with the
appropriations process one-quarter of the foundation payment as described in
subsection (b)(1) of this section, which amount may be multiplied by a number
less than one in odd-numbered years as necessary to prevent formula funding
distributions to districts from exceeding state appropriations for such
purpose, pursuant to the provisions of the General Appropriations Act, Texas
Education Code, and all other pertinent statutes and rules.
(e) The Commissioner of Higher Education may
modify any installment under this schedule as necessary to provide an
institution with the amounts to which the institution is entitled under Texas
Education Code, chapters 130 and 130A, the General Appropriations Act, a
supplemental appropriations act, or chapter 13 of this title (relating to
Financial Planning).
