FSU trustees approve $3.22B budget with $301M for new student housing, dining, and parking
By
Mishalynn Brown
Summary
Florida State University's Board of Trustees approved a $3.22 billion operating budget for the 2026-2027 fiscal year, a 4.5% increase from the previous year. The budget includes $301 million allocated for Phase 1 of the Northwest Campus Project, which will fund construction of a new student housing facility, dining hall, and parking garage. Approximately 40% of the budget comes from state funds, with two-thirds of those funds directed toward student financial aid, wages, benefits, and critical capital projects.
Source
bskyFSU trustees approve $3.22B budget with $301M for new student housing, dining, and parkingwctv.tvKey quotes
· 3 pulledFlorida State University Board of Trustees approved a $3.22 billion operating budget, along with $301 million for construction on the northwest side of FSU's campus, during a meeting Thursday afternoon.
The new budget for the 2026-2027 fiscal year is a 4.5% increase from last year, according to the university.
About 40% of the budget comes from state funds and two-thirds of those funds are for 'student financial aid, wages and benefits, and critical capital projects,' per a press release.
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