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State asks Universities to Cut Budgets by 5%

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I wonder at some point will universities be required to repay/credit current students for on campus services they paid for but were not able to receive? I know there are more and more lawsuits hitting the courts. Could be quite a hit to the schools.

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6 hours ago, El Paso Eagle said:

I wonder at some point will universities be required to repay/credit current students for on campus services they paid for but were not able to receive? I know there are more and more lawsuits hitting the courts. Could be quite a hit to the schools.

Exactly. Hard to charge all those fees for on campus resources and sports if you can’t access them. I know the Rec Center fee used to be around $75 a semester. 

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1 hour ago, peanuts104 said:

That's because our state isn't reliant on income tax for revenue.

/Prepares to fight tax appraisal for the 4th year in a row

HELL YEAH, TEXAS! 

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4 hours ago, peanuts104 said:

That's because our state isn't reliant on income tax for revenue.

True but is reliant on sales tax. Another hit will be the oil industry. As these items get hammered so will donations.

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10 minutes ago, Wag Tag said:

True but is reliant on sales tax. Another hit will be the oil industry. As these items get hammered so will donations.

I know Ernie & Bruzzy are oil-monied, but most of our other major donors aren't.    Thankfully, we're not in Texas Tech's position.

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On 5/21/2020 at 12:44 PM, Quoner said:

/Prepares to fight tax appraisal for the 4th year in a row

HELL YEAH, TEXAS! 

Did yours go up? My assessment went down (like 2% but still).  I would expect most counties to either not raise or even perhaps lower them given the current economic circumstances.  Home values should at least be remaining level right now if not decreasing.

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they take the numbers from January to figure your property taxes, before all this crap hit so they will get their increase this year in property taxes.  if they don't they can leave the amount the same and just raise the level.  As a taxpayer you will always lose.  Texas does not have a state income tax but they make up for in property taxes.

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On 5/20/2020 at 7:40 PM, El Paso Eagle said:

I wonder at some point will universities be required to repay/credit current students for on campus services they paid for but were not able to receive? I know there are more and more lawsuits hitting the courts. Could be quite a hit to the schools.

Fees were refunded a prorated amount this past term if requested.

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On 5/20/2020 at 4:15 PM, Wag Tag said:

5% is just a starter. Wait and see how far revenue will decline this fall. A lot of students won’t be on campus.

I wonder if this will help Texas high school students applying to Texas public universities (living on-campus) be accepted in the next few years? 

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