New College Expansion Plan Advances
Briefly

New College Expansion Plan Advances
Florida’s State Senate approved a plan to transfer the University of South Florida Sarasota-Manatee campus to New College of Florida. The transfer would give New College more than 32 acres of land and facilities, including student housing. New College would also assume $53 million in debt tied to the Sarasota-Manatee campus. The proposal previously failed during the regular legislative session but gained momentum after a compromise between the Senate and the House. The House dropped a request for $22 million in recurring funds as part of the revised deal. Final budget approval is still pending, and New College is expected to take over the campus. New College leadership and USF trustees endorsed the move, while some locals raised concerns about value for money.
"As the end of the special legislation approaches, the potential transition represents a thoughtful and forward-looking opportunity to expand New College's capacity while preserving continuity for the Sarasota-Manatee community, its students, faculty, and staff,"
"The property transfer makes practical sense with the state's focus on efficiency, the growth of New College and the proximity of the campuses. It is equally important that @USouthFlorida keeps all the recurring resources from that campus,"
"While Weatherford noted USF "may no longer have the same physical footprint," he wrote that the university intends to "maintain a meaningful presence" in the area."
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