2010-11 SUS Budget Conference Update From Board of Governors

April 28, 2010. BOG’s Chief Financial Officer reports that State University’s System 2010-11 Budget is 5.81% greater than previous year’s.

(Received April 27)

The Legislature has concluded the budget with some modifications to the SUS. Attached [links below] is what we have been able to piece together from the various budget conference meetings:

• Attachment 1 is an updated executive summary (which includes the Board General Office). The yellow highlights represent changes from the April 20 summary. Overall, the bottom line increased by $21 million. Changes include:

• • $500,000 provided for NCF Academic/Administrative Infrastructure
  • Almost $6 M provided for FAMU Targeted Student Assistance Programs
  • $1 M for the UF Center for Lung Transplantation
  • $16 M for USF Polytechnic
  • Increased the base budget reduction by $5 M
  • $3 M for the FIU Center for Ethics & Professionalism
  • $.4 M for the UCF Lou Frey Institute of Politics & Government
  • Additional $90,000 for the UCF / IHMC Partnership (brings the total to $440,000)

• Attachment 2 is an updated PECO summary. Three additional projects totaling $41 M were added to the Senate proposed list. Overall, the PECO budget increased by $2.5 M:

• • $16.2 M – UCF Classroom Building
  • $7.2 M – UCF Engineering Building Renovation
  • $17.6 M – FIU Student Support Services Building
  • $37 M decrease to Repair/Maintenance/Remodeling funds.