2020 Budget

https://www.tallahassee.com/story/news/2019/06/07/florida-state-trustees-approve-1-9-billion-spending-plan-new-year/1383598001/

Florida State University’s Board of Trustees Friday voted to approve a $1.9 billion university spending plan for next year.

The approved operating budget represents a 6-percent increase, or $103 million more than the current budget. As is the case within the State University system, there is no tuition increase.

The university was able to build in the budget increase although it received less funding in this year’s state budget and no new performance-based funding from the state. A 3-percent decrease in Education and General funds this year from the state resulted in a loss of $17 million, according to university documents.

State support accounts for 29.87% of the 2019-2020 budget.

Despite this, FSU was able to free up extra money by reducing expenses by 4%, or $3 million. It also realized an increase in auxiliary funds of 4% or $9 million attributed to increased financial support from the Seminole Boosters to the Athletics Department and building improvements underway in housing.