83oF, Partly Cloudy
Budget Resource Center: History
Budget History
In total, UCF has had $77.2 million in recurring funds cut from its budget since July 1, 2007. This includes a $38 million cut to UCF’s 2009-10 fiscal year budget.
To put it another way, UCF’s budget has been cut by more than $100,000 every day since July 1, 2007 through July 1, 2009.
UCF Budget Cuts
| Cut to the beginning 2007-08 fiscal year budget | $13.1 million |
| Cut to the beginning 2008-09 fiscal year budget | $15.1 million |
| January 2009 budget cut | $10.7 million |
| March 2009 budget cut | $9.6 million |
| Legislature restores March 2009 cut | + $9.6 million |
| Cut to the beginning 2009-10 fiscal year budget | $38.3 million |
| Total cuts to date | $77.2 million |
Despite these cuts, we have continued to attract the best and brightest students, conduct groundbreaking research, and provide positive economic and social benefits to our community. Our university has remained dedicated to our primary goal: serving students.
2011-12 Fiscal Year
UCF is scheduled to receive $18 million in federal stimulus money each of the next two years to offset cuts. But as helpful as the stimulus money is in the near run, it is not a long-term answer. The cuts to UCF’s base budget are permanent, and stimulus money disappears after two years.
The university must plan now how to address the loss that will occur when the stimulus money disappears to start the 2011-12 fiscal year.
Updated October 2009
