Hello There, Guest! (LoginRegister)


Post Reply 
FY 2024 USG Budgets
Author Message
Bookmark and Share
GSUALUM17 Offline
All American
*

Posts: 4,056
Joined: Sep 2017
Reputation: 149
I Root For: GSU
Location:
Post: #1
FY 2024 USG Budgets
Expect university presidents to tighten their belts, Georgia House and Senate enforce budget cuts of $66 million toward universities across Georgia...

https://www.wuga.org/local-news/2023-06-...ion-budget (Georgia Public Radio)
"The Georgia Board of Regents has approved a $10.71 billion budget for the next fiscal year for the state’s 26 public institutions. Of the more than $10 billion-dollar total budget, the state’s four public research universities, UGA, Georgia Tech, Georgia State and Augusta receive over 50% of total funding. Despite $66 million in cuts made by the Georgia Legislature, regents voted in May to keep tuition steady at 25 of the 26 institutions."

https://www.ajc.com/politics/house-senat...L2IQ44SEI/ (Atlanta Journal Constitution)
"The $32.4 billion budget, which was approved by the Senate 54-1 and the House 170-3 on the final day of the 2023 legislative session. The new fiscal year begins July 1st. Lawmakers cut $66 million from the University System of Georgia's budget. University System of Georgia Chancellor Sonny Perdue blasted the funding decrease, which will hurt schools across the state.

Senate Appropriation Charman Blake Tillery said the University System had more than $500 million cash at hand that can be used to make up for the spending cuts. The spending plan includes about $50 million for another research tower at Georgia State University in Atlanta, $37 million more for the second phase of a modernization project at the University of Georgia, and $30 million Tech Square at Georgia Tech, as well as an $4.6 million academic building at Kennesaw State University."

https://www.onlineathens.com/story/news/...322102007/ (found the specific figures on Athens Banner-Herald)
Approved 2024 Total Budget
University of Georgia- $1,767,713,636
Georgia Tech- $1,989,006,462
Georgia State- $1,223,614,341
Augusta- $955.2 million
Georgia Southern- $370.6 million
Savannah State $79.1 million
06-26-2023 03:32 PM
Find all posts by this user Quote this message in a reply
Advertisement


lelandhardy Offline
2nd String
*

Posts: 255
Joined: Sep 2021
Reputation: 39
I Root For: Georgia Southern
Location:
Post: #2
RE: FY 2024 USG Budgets
And now it is clear to see why all GS fans complain the USG doesn’t give a rats behind about the schools in the south.
06-26-2023 03:49 PM
Find all posts by this user Quote this message in a reply
Advertisement


GSUALUM17 Offline
All American
*

Posts: 4,056
Joined: Sep 2017
Reputation: 149
I Root For: GSU
Location:
Post: #3
RE: FY 2024 USG Budgets
It seems USG argued the $500mil carryover funds were already earmarked for other needs, wasn't meant for replenishing spending cuts as the Senate Chairman of Appropriation said.

"Year to year, some institutions may also “carry forward” funds not spent in the current fiscal year to the next fiscal year to help with budgeting and planning. While the university system reported a cumulative $504 million in carry forward funds at the end of last fiscal year, 82% of those funds are concentrated at only six schools – including USG’s four research institutions of Augusta University, Georgia State University, Georgia Tech and the University of Georgia."
06-26-2023 04:02 PM
Find all posts by this user Quote this message in a reply
GSUALUM17 Offline
All American
*

Posts: 4,056
Joined: Sep 2017
Reputation: 149
I Root For: GSU
Location:
Post: #4
RE: FY 2024 USG Budgets
(06-26-2023 03:49 PM)lelandhardy Wrote:  And now it is clear to see why all GS fans complain the USG doesn’t give a rats behind about the schools in the south.

We all will suffer.
[Image: 11830366.png?width=600&fit=bounds]
06-26-2023 04:04 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.