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USF Board of Trustees approves plan to cut 8.5 percent from the school’s budget

January 12, 2021 - The University of South Florida’s Board of Trustees voted unanimously Tuesday to approve a realignment plan that would reduce the school’s budget by 8.5 percent - a total of $36.7 million - by July 1, 2021. As part of the plan, USF’s St. Petersburg campus will face $3.1 million in cuts. USF, along with other state schools, were aware that cuts needed to be made in light of the impact of the Covid-19 pandemic on the state’s economy and tax revenue. In July 2020, officials requested plans from all state universities to make accommodations for the 8.5 percent cut by the end of the current fiscal year.

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