Florida Polytechnic reconsiders $25 million request
Florida Polytechnic University's chief operating officer Ava Parker is recommending that the school backtrack from its plan to request $25 million from the Legislature, the Lakeland Ledger reports. Parker said her recommendation was based on additional information about the school's finances and projections, but we wonder if the expected dressing down at the next Board of Governors meeting and indications that the Legislature might not be willing to write Poly another check might also have something to do with Poly Trustees' about-face.
From the Ledger:
Florida Polytechnic University COO Ava Parker recommended Monday that board members not ask for an extra $25 million they had planned to request from the state to start the new school.
Earlier this month, the Florida Poly Board of Trustees authorized Parker, who is serving as interim head of the school, to ask the state for more money. Leaders said once they put pen to paper, it was clear the nearly $100 million already allocated wasn't going to cover everything needed to get the school open.
But after hours of discussion among several members of board committees about academic programs and finances, Parker said Monday they should drop the possibility of asking for more.
"Based on additional information," she said, it was her opinion leaders should carry on with what is already earmarked for the school.