The operating budget includes $485.6 million for capital projects – compared to $519 million last year – and consists of allocations for the College of Business’ Legacy Hall slated to be complete this summer, the new Football Operations Facility, Doak Campbell Stadium and FSU’s future Academic Health Center, which is expected to open in late 2026.
While the FSU Academic Health Center initiative in Tallahassee has a total fixed capital outlay budget of $137.5 million, a projected $107.6 million is included in the 2025-26 budget for construction, coming out as the university's priciest project for this year.
In partnership with Tallahassee Memorial HealthCare, FSU broke ground on the future 130,000-square-feet center in September on Surgeons Drive just north of Tallahassee State College's Ghazvini Center for Healthcare Education.
Regarding funding allocations for research in the approved budget, the total revenue from federal grants in the university’s restricted fund is $250 million, which is expected to be a $34.6 million decrease compared to last year amid federal funding cuts that have hit home for FSU.
Here are all of the university’s 2025-26 capital projects, with allocations for each:FSU Academic Health Center: $107.6 million
Football Operations Facility: $65.3 million
Doak Campbell Stadium Premium Seating: $50.3 million
Academic Support Facility (Maintenance Complex): $35 million
College of Business' Legacy Hall: $33.5 million
NW Community Housing & Dining: $25 million
Lacrosse Field and Facility: $16.5 million
National High Magnetic Field Laboratory Primary Electrical: $15.4 million
Interdisciplinary Research and Commercialization Building: $15.1 million
All others (144 projects under $10 million): $121.7 million
FSU Board of Trustees approves $2.97 billion operating budget
"The 2025-2026 Annual Operating Budget includes $486 million for capital projects. The capital outlay budget includes allocations for the FSU Academic Health Center in Tallahassee, the new Football Operations Facility, Doak Campbell Stadium, and the College of Business’ Legacy Hall.
The university’s operating budget injects an estimated $14.7 billion into the local and state economies annually, according to the FSU Center for Economic Forecasting and Analysis. That estimate includes about $4.8 billion in direct revenue or sales and over $197 million in spending by non-resident students, as well as $8.77 billion in lifetime earnings by recent FSU graduates, based on the center’s latest Florida State University System report. "
https://www.flbog.edu/wp-content/uploads/2024/07/PBF-Information-2024-25.pdf
https://floridaphoenix.com/2025/06/13/done-deal-legislators-reach-a-budget-agreement/
"The chambers agreed to fund $42.4 million to Florida State University for operational funding, the most of any institution."
"The House included in its sprinkle list $4 million for Florida State University, half for the newly created Institute for Pediatric Rare Diseases and half for Sunshine Genetics Pilot Program. "
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