Rattler Nation has learned that Florida A&M administrators are planning a worst-case scenario if the university has to endure another round of budget cuts that SUS officials have been told to expect as a result of the state's precarious financial position.
In September, the university cut nearly $4 million from its current year budget and now faces the possibility of losing another $4 million if a second round of state cuts are ordered. In addition to the state cuts the university is said to have lost about $10 million in funding as a result of declining enrollment.
Teresa Hardee, chief financial officer said, "because it's such a deep cut it will have an impact on personnel — since 75 to 80 percent of our budget is represented by salary dollars."
Hardee estimated between 20 to 50 employees will have to be laid off. In addition, Hardee said administrators are also considering canceling summer school or having larger classes.
The pending state budget cuts coupled with low enrollment in the past few years presents a " double whammy" for us, Hardee said.
Like FAMU, University of Florida administrators are thinking about eliminating summer school. UF's spokesman Steve Orlando said no decisions have been made but administrators believe they have to hack $20 million out of the university's budget.
In September, legislators met in a special session and trimmed $1 billion from the 2007-2008 state budget, costing the State University System $100 million. Legislators now warn that because of additional revenue shortfalls they may have to trim another $1 billion from the current state budget in early March which could deal the SUS another $100 million cut.
Also see: FAMU facing additional cuts
FAMU facing budget cuts
time to fundraise like you mean it.
ReplyDeleteEvery state university in Florida is going to suffer from these cuts. I really hope Crist and his crew can do something about this. Things aren't looking good for the next fiscal year either.
ReplyDeleteThe legislature should look at rolling back some of those Bush tax cuts !
ReplyDeleteThere is nothing wrong with Mr. Bush...there is actual documented evidence that under his term unemployment for african-americans decreased...the crime rate among african-americans decreased...the inmate population racial make-up actually decreased under his term. African-Americans are actually making more money than ever before, even more are attending college, and the highest level of African-americans americans hired in governmenr positions increased under him...as well as black homeownership, so whats the problem or is it because he is a bush yall too lazy to actually go on the internet and do the research yourself because it actually is public and documented....
ReplyDeleteThe influx of illegal immigrants has driven down the black percentage of the prison population.
ReplyDeleteThe number of blacks attending college has been increasing since the 1960's.
ReplyDeleteI agree 3:13 pm. But there is a problem at the foundation. The endowment is actually losing money!
ReplyDeleteIf the foundation is losing money, that's because many of us are not donating to it.
ReplyDeleteSupport FAMU!!!
I have to go into prayer on this one. I'm really banking on summer school.
ReplyDeleteJeb Bush's tax cuts to his friends and corporations over the past 8 years should be sunset. He's ruined the state's ability to adequately meet its needs. The ability to fund an even decent public higher education system is an offshoot of the Jeb Bush's tax cuts!
ReplyDelete2:33 WOW!!! GET REAL!!!
ReplyDeleteSome people will always use race as a crutch!
ReplyDeleteThe black man has to blame somebody, and it will not be their own actions.
ReplyDeleteThe problem is not the legislature, gov., or president. The problem is that alumni do not give back to the school.
ReplyDeleteAll the success that has come to FAMUians because of FAMU should be reflected in the University's coffers.
Write a check man.
If everyone gave back (like they do at most normal schools) we would be overrun with cash.
We would have the same problem that Harvard has. They have so many endowments that they are thinking of doing away with tuition all together. They have so much money that they do not know what to do with it all. Why? Because alumni are loyal and they give back to the school that helped them become successful.
Write a check. Do it today.