College smiles at budget


  • By
  • | 11:00 a.m. June 30, 2017
  • | 0 Free Articles Remaining!
  • News
  • Share

As is wont to happen when a state passes its budget, howls of “what happened to my money” went far and deep statewide when Florida Gov. Rick Scott signed the 2017-2018 budget.

But at Sarasota-based New College of Florida, there was joy, not sadness when the budget was dissected. That's because it includes $5.4 million in funding for the school — a 50% bump and the seed money to “embark on a transformative plan for its future,” college officials say in a release. The funds are specifically for the first phase of a plan unanimously approved by the State University System Board of Governors in November and endorsed by the Florida Legislature in May.

“This growth plan will elevate New College from a top small, public college, to a place among the very best of all American colleges and universities,” New College President Donal O'Shea says in a statement.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content