Lone Star College System’s board of trustees passed a balanced budget of $548 million for fiscal year 2025-26 on Aug. 7.
The gist
LSCS’s FY 2025-26 budget includes $34.95 million in total new revenue, which comes from state appropriations, property taxes and students, among other miscellaneous sources, according to a presentation by Kristy Vienne, the college system's chief financial officer and vice chancellor for finance and administration.
A few budget priorities for FY 2025-26 include the following:
3% employee compensation adjustment: $9 million
Funding for Magnolia Center : $1.9 million for FY 2025-26
Funding for a new bachelor’s program: $321,000
Mental health: $2 million
What’s changed
Since the June 5 budget workshop meeting, LSCS saw a $13 million drop in the foreca