OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http://www.cga.ct.gov/ofa

sSB-870

AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE BOARD OF REGENTS FOR HIGHER EDUCATION.


OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 18 $

FY 19 $

Higher Ed., Off.

GF - Potential Cost

See Below

See Below

Note: GF=General Fund

Municipal Impact: None

Explanation

The bill results in a potential cost to the Office of Higher Education (OHE) as it transfers a number of duties from the Board of Regents (BOR). The cost to OHE is potential, as the BOR is not currently performing the functions, and if OHE continues not to execute the functions, there will be no additional cost. However, if OHE chooses to implement the functions, they would require additional resources and staff to do so. The level of resources would be dependent on the scope of the programs and corresponding funding levels.

The only duty mentioned in the bill that has been carried out is the annual development of a Naugatuck Valley center plan. The bill maintains the obligation and the role of the Connecticut State Colleges and Universities, but eliminates the plan's reporting requirement.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to the status of the various programs.