Tennessee Higher Education Commission
Richard G. Rhoda, Executive Director

The Fiscal Affairs division is charged with the coordination and execution of higher education fiscal policy in the state and the Commission’s business and finance activities.

The division develops the funding formulae, which recommends fair and equitable funding among the public higher education institutions of Tennessee. Fiscal Affairs prepares, for Commission consideration, the annual appropriation recommendations. These recommendations outline operating, capital outlay, capital maintenance programs and campus master plans and affect funding for the University of Tennessee and Tennessee Board of Regents Systems.

Additionally, the Fiscal Affairs division maintains a system of financial accounting and reporting for the state's public higher education institutions. Along with making tuition and fee recommendations to the two systems, Fiscal Affairs conducts reviews and analysis of financial issues, supervises the review and presentation of higher education operating budgets and staffs the THEC Committee on Fiscal Affairs.

Fiscal Affairs coordinates and prepares appropriation recommendations for the Tennessee Student Assistance Corporation, and operating funds for the Tennessee Foreign Language Institute, and the Commission. The division also manages allotments and prepares recommendations for the Geier Desegregation Settlement, Tuition Discount and Fee Waiver, Contract Education, and Harold Love Community Service Awards programs.

Fiscal Affairs Links

• Fiscal Analysis
• Facilities Planning
• Outcomes Based Funding Formula
• Formula Review Committee