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Thursday, April 30, 2009

Senate Accepts House Offer

The senate agreed to the house offer. There are still a few small differences, but the big ones General Revenue and total budget are essentially the same.

That's a shame since this simply must have been the back-door deal that was agreed upon before conferencing. Now we'll just have to see how it breaks down by University.

I've just received the following preliminary indications of the UF budget from a highly reliable source

Under the current proposal - which is subject to change - we estimate UF's base budget to be cut by approximately $68 million. Tuition would generate more than $21 million in revenue, and we get $2.4 million additional lottery dollars. This makes the net reduction about $45 million.


Since the budget has not been approved by both houses or signed by the governor, it's best to view these numbers as 'ballpark' rather than firm estimates.

Cheers

Joe Meert

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