On Tuesday, Florida House leaders proposed a higher-education budget that includes cuts prompting state universities and colleges to spend money from their reserve funds. WLRN’s education reporter, Jessica Bakeman, joined the program. She is in Tallahassee covering the legislative session.
Unlike other state agencies, colleges and universities do not need to send their leftover general revenue back to the state treasury each year. The House argues that schools keep those dollars and as a result funds have grown, explained Bakeman.