2016-2017 Fiscal Year Budget Information
2016 Legislative Budget Information
The Florida State Legislature began committee meetings for their 2016 Legislative Session on September 16, 2015. The Legislative Session will begin on January 12, 2016. It will conclude on March 11, 2016.
Last year, UWF made significant improvement on performance funding metrics. UWF went from a 21 the previous year to a 37 this past year tying for 6th place with FAU. Many other institutions also made significant improvements with two of the three schools in the bottom 3 scoring a 35. This score makes UWF eligible to be awarded funding from the performance funding pool.
The budget included an additional $200M to performance funding with $100M in new funding and $100M as an institutional investment. This increases the performance funding pool to $400M ($250M as a state investment and $150M as an investment from the SUS Institutions). This significantly increases each universities “skin in the game” as well as the one time additional funding each university receives. The budget also listed several metrics they want the BOG to focus on. This is a change from the previous year which allowed the BOG complete control over which metrics are selected. These metrics are to include, but not limited to ones that measure graduation and retention rates; degree production; affordability; post graduate employment, salaries, or further education; student loan default rates; and access.
Performance Funding Documents