Florida’s House Education Appropriations Subcommittee released a preliminary budget plan Thursday, two days after the Senate released its version.
LobbyTools reports the House is endorsing a higher education budget of $7.26 billion; the Senate spending plan for higher education is slightly less, coming in at $7.25 billion.
The House offers $1.205 billion for Florida colleges; the Senate is putting that number at $1.227 billion. Both plans estimate tuition revenue at $2 billion.
State universities would get $4.73 billion under the house plan while the Senate provides $4.68 billion.
As for performance funding to state universities, LobbyTools says the House would give $500 million, half that number coming from new state money and the rest from the university base budget. From the Senate plan, universities would receive $475 million; $225 of that coming from the state.
Performance funding for the Florida College System under the house plan would be $60 million — $40 million from the state and $20 million from colleges. The Senate would also give Colleges $60 million in performance funding, but with half coming from the state and the rest from the schools.