COLLEGE STATION, Texas — The Texas A&M University System Board of Regents on Thursday approved a $6.3 billion operating budget for FY 2020 and a five-year, $2.9 billion capital plan that includes $841.3 million in new proposed projects.
The operating budget jumped to $6.3 billion from $4.7 billion, largely because the Legislature authorized the transfer of the Texas Department of Emergency Management into the A&M System as its eighth state agency.
The $2.9 billion capital plan includes approximately $2 billion of previously approved projects that are either in design or construction and the $841.3 million in proposed projects. The plan can be viewed here.
The RELLIS Campus in Bryan continues to grow with the Board of Regents approving the design and construction of a $50 million lab for the Army Futures Command, $30 million in infrastructure and $28.6 million for the second phase of the RELLIS Academic Complex. The Legislature also authorized $50 million for an innovative proving ground to be built at RELLIS in conjunction with the Army’s new lab.
A groundbreaking for the Army Futures Command’s complex is scheduled for October.
About The Texas A&M University System
The Texas A&M University System is one of the largest systems of higher education in the nation, with a budget of $6.3 billion. Through a statewide network of 11 universities, a comprehensive health science center, eight state agencies, and the RELLIS Campus, the Texas A&M System educates more than 153,000 students and makes more than 22 million additional educational contacts through service and outreach programs each year. System-wide, research and development expenditures exceeded $996 million in FY 2017 and helped drive the state’s economy.
Contact: Laylan Copelin
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