Florida Legislature Supports FAU Budget Priorities
Friday, Jun 23, 2023I am pleased to share that Florida’s 2023 Legislative Session produced favorable outcomes for Florida Atlantic’s budget priorities. From advocacy to external engagement, the FAU community has done a remarkable job ensuring state leaders recognize the University’s achievements and understand the potential it holds.
With a record $116.5 billion budget signed into law by Florida Gov. Ron DeSantis, the State University System was granted $6.3 billion in operating funds overall. Florida Atlantic will receive approximately $25.2 million of the $350 million state funds allocated for performance-based funding, an increase of $5 million over fiscal year 2022-23. An additional $100 million was designated by the Legislature for performance-based recruitment and retention incentives, of which FAU will receive about $10 million.
The University yielded further success regarding its growing health enterprise. The Legislature approved $30 million in fixed capital outlay funds and $10 million toward operational costs to establish a College of Dentistry at FAU. Additionally, to address the state’s health care workforce shortages by expanding enrollment, the Charles E. Schmidt College of Medicine received $5 million and the Christine E. Lynn College of Nursing received $4.26 million.
The Legislature also allocated $5 million to Florida Atlantic for general operational support. In total, the University is slated to receive $70 million in new funding from the Florida Legislature.
We are grateful for the State Legislature’s support as FAU strives to elevate its programs, strengthen communities and bolster student success. The funding we will receive from the 2023 session is not only a reflection of Florida Atlantic’s extraordinary vision, but also a result of the University’s unparalleled commitment to excellence. We look forward to taking advantage of the many exciting opportunities this funding will provide.