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FSU Budget Cuts

June 17th, 2009 by flanews

Florida State University is laying off employees and cutting programs to deal with a 56 million dollar budget reduction.

The FSU Board of trustees voted to cut 400 positions and 17 programs. The cuts come on top of three straight years of budget reductions. FSU President TK Wetherell said the cuts would be worse if it werent for stimulus dollars.

“We will maximize the use of the stimulus dollars for the next two years. At the end of the third year, we will be a balanced budget. Overall, we lost about 400 hundred positions this year, about 650 in the last two years. We believe that we’ve protected the integrity, academic integrity, financial integrity of the institution. That’s something we want to do. But, we have a balanced budget and we’ll move ahead,” said Wetherell.

Part of the three year budget plan will require FSUs Panama City campus to become financially independent from the main campus.

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