The Budget, McRaven, SXSW & Rick Perry

Texas House Speaker Joe Straus has encouraged his chamber’s budget writer to dip into the so-called “Rainy Day Fund” to address the state’s budget challenges. This week House Appropriations Chair Rep. John Zerwas filed House Bill 2 that would access $1.4 billion from the fund. “I believe this is a better option than leaving $12 billion sitting in the bank while making deep cuts to higher education and significantly increasing health care premiums on retired teachers,” said Straus. “Our approach keeps spending low but also recognizes some very important priorities and some very real obligations.”
 
In other budget news this week, Gov. Abbott’s “signature higher education project, which aims to lure top researchers to Texas universities, is at risk of being defunded by the Legislature.” The Governor’s University Research Initiative (GURI), for which Abbott had requested $40 million, was not funded in either the House or Senate budgets. The initial round of funds to launch the program came from the closure of Gov. Perry’s “Emerging Technology Fund” and was used to hire 11 top faculty to our state’s institutions. Abbott is fighting for the funding, and will host a reception at the Governor’s mansion this week to feature some of the researchers GURI has attracted.
 
This week, UT System Chancellor Bill McRaven announced an end to plans to expand the System into Houston. The land purchase had been the subject of much consternation from the Houston delegation of the Texas Legislature, and had become a distraction from other priorities the System and its campuses were focused on this Session. In a letter to McRaven, Board Chairman Paul Foster said of the move, “Your actions as a strong servant leader to direct full attention to helping each of our presidents succeed, and your willingness to recalibrate and adjust priorities, are very much appreciated.”
 
From March 10-19, tens of thousands of people will descend on Austin for the annual South by Southwest (SXSW) Conference and Festival. Our state’s flagship institutions will bring their best and brightest to the interactive showcase to participate in what has become one of the world’s top venues for breakthrough innovation and technology. UT at SXSW will feature two days of panels, parties and exhibitions that will highlight the research, innovation and thought leadership of UT's faculty, students and programs. Texas A&M is joining SXSW for the first time and will host Texas A&M House to showcase art, science and technology from the school’s leading minds.
 
This week the Senate voted to confirm former Texas Governor Rick Perry as the U.S. Secretary of Energy. The Department has an important role to play in doling out federal R&D dollars, which could benefit Texas institutions if Perry were to steer projects toward his home state. The Department “runs the national laboratories, sets appliance standards, hands out loans and grants for basic research and early stage energy technologies from carbon capture and storage to battery technology” according to a Washington Post story on the confirmation.

Week of March 5, 2017

Latest Updates

  • “A clever political move”

    Calling it “a clever political move,” the San Antonio Express-News editorial board criticized state lawmakers for turning tuition-setting authority to regents, saying Texas parents have lawmakers to thank for higher tuition bills this fall. “State lawmakers know they can shortchange higher education because the university boards will feel obligated to make up the difference with tuition. An added bonus of the arrangement is that it allows the regents, appointees of the governor, to take the heat off elected officials, who can claim no direct involvement in the rising cost of a college education. But, in truth, cutting state funding for higher education directly causes tuition increases. Denial is a sham, and pointing fingers at regents is an evasion of responsibility.”

    Continue reading
  • Implosion

    A longhorn and leading former member of the Trump Administration is being considered to head The University of Texas System, according to media reports. Rex Tillerson, who was ousted as Secretary of State just two weeks ago, is “open” to the idea of becoming the next UT System Chancellor per a Wall Street Journal report. Tillerson gave a farewell address at the State Department this week and his final official day on the job is March 31. Chancellor Bill McRaven will step down as Chancellor in May. “Rex is a solid citizen, very ethical, straightforward, and straight talking,” said ExxonMobil general counsel Charles Matthews to Texas Monthly. “He brings great integrity to whatever he does, and if he were chosen he would be a very, very solid choice.”

    Continue reading

Share This Page: