Board approves raises for UT president, football coach
By Peter Walker
August 12, 2002, Monday
The University of Texas system Board of Regents approved a 4.5 percent pay raise for President Larry Faulkner Thursday.
Faulkner's annual salary will now be $253,224, as compared to Texas A&M University president Robert Gates, who makes $300,000. Mary Sue Coleman, president of the University of Michigan, has an annual base salary of $475,000.
Along with $90,000 in deferred compensation, on which Faulkner will not have to pay taxes for one year, his entire compensation package, which includes a car allowance and several other perks, is worth $452,437.
Because state law caps its portion of Faulkner's salary at $65,945, the remaining amount will come from private donations.
Monty Jones, associate director of public information for the UT system, said that with Faulkner's pay raise, his salary has become more competitive with schools the University considers to be its peer institutions.
"You can pay all that the state approves, and it wouldn't even come close to competitive," Jones said.
UT regents Rita Clements and A.W. "Dub" Riter did not return phone calls Friday regarding Faulkner's pay raise.
Dwarfing both Faulkner's pay raise and salary, UT regents also approved a 17 percent increase for football coach Mack Brown, bringing his annual salary to nearly $1.7 million.
No tax money is used to pay Brown's salary, because the athletic department raises its own funds through donations, ticket sales and revenue from television.
The board also decided Thursday that UT faculty members will receive merit raises next year instead of the across-the-board increases they received last year.
Austin Van Zant, a French junior and treasurer of University Watch, a UT watchdog organization, said he sees problems with Faulkner's pay raise.
"Endowments are being used in the wrong ways," Van Zant said.
Van Zant said UT staff members, as opposed to administrators, would benefit more from salary increases, as they are usually from lower income brackets.
"I could definitely see a correlation between increased tuition and increased pay for administration," he said.
University Watch is expected to release a report detailing tuition increases over the last 32 years later this week.