USF considers budget cuts, layoffs listen01/18/08 Mitch E. Perry
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The University of South Florida will cut nearly $26-million from its budget this fiscal year, and school officials say they expect more cuts in the next fiscal year.
USF President Judy Genshaft made the comments in a webcast last night. Genshaft says she is implementing immediate measures to cope with the budget crises state and nationwide.
Several state universities have already put caps on incoming students to deal with their funding woes.
St. Petersburg House Democrat Bill Heller is also a professor at USF-St. Pete; he serves as the ranking member on the State Committee on Postsecondary Education. He says those caps are putting pressure on community colleges.
USF Provost Ralph Wilcox told the Tampa Tribune that "though the door to access isnâ€™t going to be slammed shut, it is going to be barely ajar."
Figures released on Friday show Floridaâ€™s unemployment rate for December was 4.7 percent. Thatâ€™s lower than the national average of 5 percent, but is the highest in the state since September 2004.
St Petersburg House Representative Bill Heller says he thinks the economy is in for some tough times in 2008.