Budget insights: Senate, House divided over USF funding shift to New College

Budget insights: Senate, House divided over USF funding shift to New College

The Senate is taking a restrained approach to New College of Florida’s expansion, omitting a House-backed $22.47 million funding shift from the University of South Florida that would dramatically reshape Sarasota’s higher education landscape. The Senate proposal, released a little after 3 p.m. on Friday, allocates $37.3 million in recurring education and general funding to New College of Florida. While that base funding level closely mirrors the…