Update Posted January 18, 2011
Governor’s Budget Recommendations
Gov. Nathan Deal released his budget recommendations for the University System of Georgia’s (USG) Fiscal Year 2011 Amended and Fiscal Year 2012 Original budgets on Jan. 12. The recommendation for the FY11 amended budget is $1.8 billion (excluding federal stimulus funds), a reduction of $111.9 million, or six percent, from the FY11 base state appropriation of $1.92 billion.
In FY12, the Governor has recommended a reduction of $185 million (which includes the continuation of the FY11 amended reduction), or almost 10 percent. The total FY12 recommendation is $1.73 billion in state funds for the USG.
“All in all, it is a difficult budget situation for the state and the system, and a difficult year ahead for all of us as we work together,” said Chancellor Erroll B. Davis Jr. “We will rely on our experience in managing tight budgets over the past three years and effective work of 35 institutional presidents to serve our students in FY12.”
Looking forward, Davis noted that as economic conditions improve, it is vital to stress the importance of formula funding in future budget years.
Also reflective of the difficult budget situation is the Governor’s recommendations for capital funding of $81.1 million.
Of the total package, Major Renovation and Rehabilitation (MRR) funds make up $50 million. The remaining $31.1 million are for various projects at the institution level, and includes funds for the Georgia Public Library Service.
The recommended projects include:
$1M in equipment for Atlanta Metropolitan College Science Academic Building;
$4.2M in infrastructure funds for Georgia Institute of Technology - Eco-Commons;
Construction funds which include $3.25M for the Historic Tift Lewis Herring Renovation at Abraham Baldwin Agricultural College, $16.5M for the University of West Georgia Nursing Building, and $5M for the Valdosta State University Health Science Building; and,
$1.15M for the Middle Georgia Regional Library (Jeffersonville, Twiggs County).
Posted by Sonja Roberts
Published in: Senate Bill