This bill appropriates funds for personal services and operating expenses for Henderson State University for the fiscal year ending June 30, 2027. It establishes a maximum number of regular employees, detailing various positions and their corresponding salary rates, including administrative, academic, and support roles. The total amount appropriated for state operations is $22,844,598, which includes regular salaries, extra help, personal services matching, and operational expenses. Additionally, the bill outlines a separate appropriation from cash funds totaling $79,300,000 for various expenses, including salaries, overtime, capital improvements, and debt service.
The bill also includes provisions for the repayment of a loan received from the Budget Stabilization Trust Fund, requiring Henderson State University to make annual payments of $958,333.33 from 2025 to 2030. Furthermore, it emphasizes compliance with existing laws regarding fund disbursement and includes an emergency clause to ensure the act takes effect on July 1, 2026, to prevent disruption in university operations. Notably, the bill introduces new sections and appropriations while maintaining the overall structure of funding for the university.