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Saturday, April 20, 2024
NEWS  |  CAMPUS

Board of Governors puts off Bright Futures talks

The Board of Governors delayed its Bright Futures discussion until further notice at a meeting Thursday. 

The board had planned to talk about the scholarship’s aid for low-income families. 

At the meeting, the Board of Governors approved its 2015-2016 legislative budget request and updated its 2025 strategic plan goals. 

The approved legislative budget request includes $100 million in new performance funds that the State University System would match with $200 million in existing funds.

The money will go toward improving areas that are important to students and taxpayers. 

“It’s important that we present an LBR (legislative budget request) that represents our greatest needs and provides a return investment for the state and our students,” said Tim Jones, Board of Governors vice chancellor for finance and administration.

The strategic plan, a nationally recognized accountability system, was also under review. Beginning this year, it will be reviewed every five years to keep performance indicators credible.

The Board also approved a legislative budget request to invest in the development of e-textbooks. It requested a $227,000 investment in Orange Grove Text Plus, an open-access textbook initiative and arm of the University Press of Florida.

“It’s (LBR) dedicated to reducing the high costs of textbooks students bear these days,” UF Provost Joe Glover said. “This process of collaboration certainly reduces costs across the system.”

[A version of this story ran on page 1 on 9/19/2014 under the headline "Board of Governors puts off Bright Futures talks"]

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