State universities will share $250M in facilities funding
UPDATE: Additional funding for the University of South Florida St. Petersburg business school was among the list of projects on the Senate's supplemental funding list released late Monday. That $2 million is added to the MONEY already in the budget, bringing the total amount to $10 million in state dollars to begin planning for a new business school building.
ORIGINAL POST: Lawmakers agreed on the school funding budget Monday, including more than $250 million for state universities and $108 million for community colleges.
The projects include $8 million for a business school at University of South Florida St. Petersburg. The plan also includes $10 million to expand a college of engineering shared by Florida State University and Florida A & M University that just days ago seemed headed for separation.
Florida International University is allocated $5 million toward completion of its student academic center and $10 million to begin the process of relocating the Miami-Dade County Fair and acquiring land near the Modesto Maidique Campus in Miami.
All told, universities will see an increase of nearly $83 million for construction projects next year compared to the current year. That includes $41 million from capital improvement fees that students pay.
The state funding is still subject to votes by the entire Legislature before it goes to Gov. Rick Scott. It includes $58 million for maintenance and renovation of existing buildings and $156 million to begin or complete construction of new buildings.
Meanwhile, the state's 28 community colleges will share $108 million, including $92 million for new construction, compared with $42 million last year.