Texas Administrative Code › Title 19 - EDUCATION › Part 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD › Chapter 13 - FINANCIAL PLANNING › Subchapter A - DEFINITIONS › Section 13.1 - Definitions

Current through Reg. 49, No. 28; July 12, 2024
The following words and terms, when used in this chapter,
					 shall have the following meanings, unless the context clearly indicates
					 otherwise or the relevant subchapter specifies a different definition.
(1) Auxiliary Enterprise--Activities
				  providing a service to students, faculty, or staff for a fee directly related
				  to, although not necessarily equal to, the cost of the service.
(2) Available University Fund (AUF)--A fund
				  established in Article 7, §18, of the Texas Constitution to receive all
				  interest and earnings of the Permanent University Fund and used to pay the debt
				  service on PUF-backed bonds.
(3)
				  Base Year--The semesters comprising the year of contact hours used for applying
				  the formula funding distribution to the colleges and universities (usually the
				  summer and fall of even years and the spring of odd years).
(4) Board --The governing body of the agency
				  known as the Texas Higher Education Coordinating Board.
(5) Census Date--The date upon which an
				  institution may report a student in attendance for the purposes of formula
				  funding as specified in the Coordinating Board Management (CBM) manual for the
				  year in which the funding is reported.
(6) Contact Hour--A time unit of instruction
				  used by community, technical, and state colleges consisting of 60 minutes, of
				  which 50 minutes must be direct instruction.
(7) Coordinating Board--The agency known as
				  the Texas Higher Education Coordinating Board, including agency
				  staff.
(8) Coordinating Board Staff
				  or Board Staff--Agency staff acting under the direction of the Board and the
				  Commissioner.
(9) Current Operating
				  Funds--Unrestricted (appropriated) funds, designated funds, restricted funds,
				  and auxiliary enterprise funds.
(10) Developmental
				  Coursework--Non-degree-credit courses designed to address a student's
				  deficiencies.
(11) Developmental
				  Education--Courses, tutorials, laboratories, or other efforts to bring student
				  skills in reading, writing, and mathematics to entering college level. English
				  as a Second Language (ESL) courses may be considered developmental education,
				  but only when they are used to bring student skill levels in reading or writing
				  to entering college level. The term as used in this chapter does not include
				  courses in study skills or thinking skills.
(12) Formula Funding--The mathematical method
				  used to allocate appropriated sources of funds among institutions of higher
				  education.
(13) Functional
				  categories (as defined by National Association of College and University
				  Business Officers)--Instruction, research, public service, academic support,
				  student service, institutional support, operation and maintenance of plant,
				  scholarships and fellowships, depreciation, auxiliary enterprises, and
				  hospital.
(14) General Academic
				  Teaching Institution--Any college, university, or institution so classified in
				  Texas Education Code, §61.003(3), or created and so classified by
				  law.
(15) General Revenue
				  (GR)--State tax revenue.
(16)
				  Governmental Accounting Standards Board (GASB)--An entity created by the
				  Financial Accounting Foundation to set accounting standards for governmental
				  entities including public institutions of higher education.
(17) Higher Education Fund (HEF)--A fund
				  established in Article 7, §17, of the Texas Constitution to fund capital
				  improvements and capital equipment for institutions not included in the
				  Permanent University Fund.
(18)
				  Independent institution of higher education--A private or independent college
				  or university as defined in Texas Education Code, §61.003(15), that is:
(A) organized under the Texas Non-Profit
				  Corporation Act;
(B) exempt from
				  taxation under Article VIII, §2, of the Texas Constitution and
				  §501(c)(3) of the Internal Revenue Code; and
(C) accredited by the Commission on Colleges
				  of the Southern Association of Colleges and Schools.