MS SB2962

Appropriates $16,663,487.00 from the State General Fund to the Board of Trustees of State Institutions of Higher Learning for the College of Veterinary Medicine at Mississippi State University for fiscal year 2018 (July 1, 2017 - June 30, 2018).

Authorizes an additional $22,452,320.00 in expenditures from special source funds collected by or available to the College of Veterinary Medicine for the same fiscal year.

Designates $552,920.00 of the special source funds to be derived from the Education Enhancement Fund from specific revenue sources under Mississippi Code.

Establishes performance targets for fiscal year 2018 including 95% pass rate for Year 4 DVM students on NAVLE exam, 95% graduate employment rate, $4.5 million in grants/contracts awarded, and specific targets for diagnostic tests and client satisfaction.

Effective July 1, 2017; requires compliance with state spending limitations and preference for Mississippi Industries for the Blind in procurement.