Post by Aggie One on Jul 3, 2015 13:00:13 GMT -5
FAMU loses budget authority for College of Engineering after 28 years
Today is the first in 28 years that FAMU won’t be the fiscal agent/budget manager for the FAMU-FSU College of Engineering (COE).July 1st is the official beginning of the new fiscal year and the Chief Financial Officer of Florida will begin sending the $12,996,539 appropriated budget for the engineering college to FSU instead of FAMU.
The Florida Legislature originally placed that money in the FAMU general revenue line item at the beginning of the 2015 session as it has for nearly 30 years. But on February 19, FAMU President Elmira Mangum gave her support to a Florida Board of Governors proposal that asked the legislature to create a new budget entity for the COE. The Florida House of Representatives and Senate both shifted the $12,996,539 operating budget for the COE from the FAMU general revenue line item to a new budget entity entitled “FAMU/FSU College of Engineering” in March.
On June 3 of this year, current FSU President John Thrasher told his Board of Trustees that FSU will be the new fiscal agent for the COE. The statement came despite the fact that the FAMU Board of Trustees did not take a vote to approve any changes to the current university policy stating that FAMU wants to serve as the fiscal agent/budget manager of the COE. At another FSU board meeting on June 26, Thrasher said that FAMU agreed to transfer its fiscal agent status for the College of Engineering to FSU. He did not specify who had agreed to that policy change on behalf of FAMU.
For the rest of the story:
rattlernation.blogspot.com/2015/06/famu-loses-budget-authority-for-college.html
Today is the first in 28 years that FAMU won’t be the fiscal agent/budget manager for the FAMU-FSU College of Engineering (COE).July 1st is the official beginning of the new fiscal year and the Chief Financial Officer of Florida will begin sending the $12,996,539 appropriated budget for the engineering college to FSU instead of FAMU.
The Florida Legislature originally placed that money in the FAMU general revenue line item at the beginning of the 2015 session as it has for nearly 30 years. But on February 19, FAMU President Elmira Mangum gave her support to a Florida Board of Governors proposal that asked the legislature to create a new budget entity for the COE. The Florida House of Representatives and Senate both shifted the $12,996,539 operating budget for the COE from the FAMU general revenue line item to a new budget entity entitled “FAMU/FSU College of Engineering” in March.
On June 3 of this year, current FSU President John Thrasher told his Board of Trustees that FSU will be the new fiscal agent for the COE. The statement came despite the fact that the FAMU Board of Trustees did not take a vote to approve any changes to the current university policy stating that FAMU wants to serve as the fiscal agent/budget manager of the COE. At another FSU board meeting on June 26, Thrasher said that FAMU agreed to transfer its fiscal agent status for the College of Engineering to FSU. He did not specify who had agreed to that policy change on behalf of FAMU.
For the rest of the story:
rattlernation.blogspot.com/2015/06/famu-loses-budget-authority-for-college.html
