HB 2164 -- Higher Education Funding Formula

Co-Sponsors:  Kelly (27), Burton

This bill creates a four-year phase-in for a funding formula for
the public regional colleges and universities, Lincoln, Harris-
Stowe, and Truman State University.  Beginning July 1, 2003,
adjustments in funding will be based on full-time equivalent
undergraduate student counts, based on the average cost of
teaching one hour of an undergraduate course, with additional
weighting allowed for more expensive programs.  Institutions are
held harmless from enrollment drops until enrollment has dropped
10% over four consecutive years; then, lowered funding is stepped
in over two years.  Up to 5% of total appropriations may be used
for performance-based funding, and the bill directs that priority
of funding be given to institutions that have experienced long-
term documented underfunding.  The bill also requires a funding
equity study to be done in Fiscal Year 2007 and every four years
thereafter.

Missouri House of Representatives
Last Updated October 11, 2002 at 9:03 am