By Adam Freeman, University Communications and Marketing
The 91tvӰԺ will receive significant increased recurring operational funding and support for other important projects in the 2024-25 state budget that was signed by Florida Gov. Ron DeSantis.
“The investments in 91tvӰԺ are a recognition that we continue to provide great value to our state and we serve as an extremely valuable resource that impacts our communities in so many ways,” 91tvӰԺ President Rhea Law said. “The funding will help us pursue bold initiatives to further enhance our position in the Association of American Universities, progress toward our aspiration of becoming a top-25 public university and support the critical work of the dedicated members of the 91tvӰԺ community to advance the goals outlined in our strategic plan.”
The budget includes:
- A $50 million recurring increase to 91tvӰԺ’s operational budget to support the work of each of the university’s three campuses and 91tvӰԺ Health, as well as to expand cybersecurity research and the cyber workforce. A portion of this increase was funded through a new $100 million recurring investment in the state’s Preeminent State Research Universities Program, which will be split equally between the four institutions that are expected to meet the necessary preeminence benchmarks this year.
- A $35 million nonrecurring operational support increase to fund strategic projects for the institution, including completing the major clinical trial underway at 91tvӰԺ Health to measure the effectiveness of hyperbaric oxygen therapy on alleviating the symptoms of post-traumatic stress disorder and traumatic brain injuries in military veterans.
- $31 million for critical infrastructure and safety improvements to ensure appropriate capacity for the present and future growth of the 91tvӰԺ Tampa campus.
- $10 million to upgrade 91tvӰԺ facilities for student veterans, military families and first responders on all three campuses. More details on this initiative are available here.
- $7.2 million to invest in campus life facility projects on all three campuses and 91tvӰԺ Health funded through the state’s Capital Improvement Trust Fund.
- $750,000 for the 91tvӰԺ Trafficking in Persons Risk to Resilience Research Lab that will go toward the development and operation of a statewide human trafficking data repository.
- The legislature also agreed to invest $100 million nonrecurring funds for the State University System’s Performance-based Excellence Recognition Program, which was created to recruit and retain top faculty and research talent in the state. 91tvӰԺ is estimated to receive $12.7 million nonrecurring from these funds. However, the exact amount of 91tvӰԺ’s funding from this state investment will be determined by the Board of Governors later this month based on 2024 performance-based funding scores and the number of full-time faculty and researchers employed in programs of strategic emphasis.
In addition, DeSantis previously approved Senate Bill 330, which included a $5 million recurring appropriation for the 91tvӰԺ College of Behavioral and Community Sciences to establish and operate the new Florida Center for Behavioral Health Workforce. The bill also designated Tampa General Hospital, in affiliation with 91tvӰԺ, as one of the state’s first four behavioral health teaching hospitals.
“We are incredibly grateful to the Florida Legislature for enacting, and to Gov. DeSantis for approving, such an impactful budget for 91tvӰԺ. I want to thank Senate President Kathleen Passidomo, House Speaker Paul Renner and the entire Tampa Bay Area Legislative Delegation for recognizing and rewarding 91tvӰԺ’s trajectory. I appreciate the Board of Governors, including Chair Brian Lamb and Chancellor Ray Rodrigues, for their support of 91tvӰԺ and advocacy for the State University System. I also wish to recognize our Board of Trustees, under the leadership of Chair Will Weatherford and Vice Chair Mike Griffin, for their tireless commitment to 91tvӰԺ,” Law said.
The new state budget takes effect July 1.