Bill proposes to transfer UHV-Victoria to Texas A&M system

Probably not, is my guess. I don’t think all institutions in the UTS or aTm system have access to PUF dollars directly. Here was an article from 2023 about a bill
to expand the fund to all aggie institutions. I don’t recall this being passed, but
may have missed it.

Sen. Charles Perry introduced Bill SJR 26 on Jan. 6 to amend the Permanent University Fund.

The bill proposes a constitutional amendment to entitle all component institutions of The Texas A&M University System and The University of Texas System to receive PUF income and other benefits of the PUF, rather than just the 14 selected universities in the past.

The MAFIA is proud of uta. Let that sink in.

If they’re going to focus on ag offerings, they’re just going to cannibalize A&M Kingsville and others, and drove other students elsewhere.

They have such a little brother syndrome down there that they’ll fit in nicely. We have better ways to grow than through a system school that wants to be something else. It’s really just a resource drain.

2 Likes

I’m skeptical of that claim, that that is what the students really want and need. Think that’s just the cover story justification for what some politicians want.

Though UHV is small, I’ll still miss it and think this sets a bad precedent.
People of Victoria should be thankful UH was willing to reach out and invest in them when the two gorillas in the state overlooked them. Admittedly, I’m a little bitter about this.

OTOH, if you look at UHV’s financial statement released last fiscal year, UH really
looks to have drained away resources, almost as if anticipating or facilitating this
action.

Are we led to believe the UHV total assts are only worth $1,180,318?

No.
But I posted its financial instrument data; not physical plant value. Go back and look at the financials from 3 years ago , and it’s 10x more.

No idea how this stuff works… do they have to buy it from UH?

Seems like they want to fold all universities in the state under the ut/atm systems similar to california. Ut took sfa just recently, now this.

That’s not all UH-V. Victoria College occupies more space, and it may lease the rest to UH-V (not sure about that). VC was there first and started the campus.

1 Like

…and the Texas State University System for all the others.

Being that the state just allocated 1+ billon fund for UH and Tech each,
we may be safe from consolidation. For now at least.

So how much money are going to get back?

I don’t know. You can look at the bill itself and it has lots of
stuff mentioned.Trouble is, lot of this stuff mentioned is
old news. The way this bill is presented seems kinda cryptic to me. Almost
like they started with a previous bill from last session and prefixed the new part about the transfer to it. Weird to me…but may just be my ignorance in how to
read this stuff.

Section 12 starts talking about UH dollars.

https://capitol.texas.gov/Search/DocViewer.aspx?DocId=89RSB023611B&AllWords=&AnyWords=&ExactWords=&CustomWords=SB+2361&DocType=B

Victoria is an ag area. This makes perfect sense.

UH needs to focus on coverage for Houston MSA.

UH does need to be paid for whatever we invested.

To be fair

1 Like

Austin Powers Doctor Evil GIF

1 Like

Sfa volunteered to go - only one left is TSU and that won’t be an easy fight unless they get what they were supposed to be founded for as a gift

Interesting point.
Can someone explain to us why was UHV created for?
Agriculture existed before UHV was created so why now?
Is U of H bleeding money?
Section 7:
SECTION 7. CURRENT FUNDING. All funds that, on the
effective date of the transfer, have been appropriated or dedicated
to or are held for the use and benefit of the University of
Houston–Victoria under the governance of the board of regents of
the University of Houston System are transferred to the board of
regents of The Texas A&M University System for the use and benefit
of Texas A&M University–Victoria.
Then he goes on about various expenses including our medical school.
Again, is U of H bleeding money with UHV and has to get rid of it? If we do not and UHV is manageable why on earth should we give up a piece of the UH system?
Who is atm and what rights do they have to have us do this?
Heck, why don’t the same politician bring up a bill for atm to take over U of H? What kind of a precedent this could create?
This is so vague that I am thinking this is meant to be drafted that way.

I think we have to trust in Renu in what’s all the moving pieces in the background.
They tried this in 2011 too, and it didn’t fly. The ag arguement is a bit cover I think.
Victoria MSA is estimated at 115,396. Not huge but not to be ignored either.

Major Employers:

  • Caterpillar: A major employer with a large excavator plant.
  • Formosa Plastics: A major petrochemical/plastics products company.
  • The Inteplast Group: A major plastic products company.
  • INVISTA: A major chemical company.
  • Citizens Medical Center: A major hospital in the area.
  • Victoria ISD: A major employer in the public education sector.

From that Section 7 part, it sounds like the $20 million endowment will go with the
school too. This has been in the works for a while I think based upon the UH financials for UHV. I know Renu is nearing the end of her UH career and not
sure she wants to fight this anymore. Maybe there will still be amendments tacked on to the bill that makes this transition a win - win for all parties.

Quick story. He’s my rep. My company sent me home for covid a few years ago for 14 days. I wasn’t sick but tested positive. They said I could file temporary unemployment. Everyone else was doing it. Unemployment said I didn’t meet the criteria. Back and forth. So I called his office. This is verbatim what his staffer said, "let me give you a little lesson on government. Your representative is here to help you resolve things pertaining to government agencies. This isn’t really something like that, is it?!"

2 Likes

Never really been a fan of that Aggie toad.

1 Like

Some people are happy being rich peoples trash.

1 Like