The University of Florida's budget reduction plan will take effect on July 1, and Bernie Machen has released a statement discussing the final budget reduction plan for the 2009-10 fiscal year.
The plan includes $30.6 million in specific cuts, and the federal stimulus funds are going to help bridge the gap and allow further deliberations before UF reaches the ultimate budget reduction of $42.2 million next year, according to the Office of the President Web site.
The personnel impact will include the elimination of approximately 150 faculty and staff positions (a combination of vacant positions, retirements and non-renewals) and anticipated layoffs, totaling 9 faculty and 49 staff members.
The final budget will be voted on by the University of Florida Board of Trustees on May 26 during a 3:30 p.m. telephone meeting.
Read Machen's letter to the faculty, staff and students, and visit the Office of the President's Web site for information on the budget.
There will be more on this story tonight.