GAINESVILLE, Fla. (AP) - University of Florida President Bernie
Machen is painting a bleak picture of the university's financial
picture, telling the Faculty Senate to expect another $75 million
in budget cuts next year.
Machen says the $75 million in cuts beginning in the 2009-2001 fiscal year are on top of the $47 million cut this year. Florida has cut about $70 million in the past two years.
Machen asked all university departments Thursday to prepare reductions by 10 percent of their current budget for next year.
(Copyright 2009 by The Associated Press. All Rights Reserved.)