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Legislators have included $50 million in the state budget for campus improvements, as requested by the school. However, the governor said the state could eventually provide additional funding.
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Gov. Ron DeSantis will ask lawmakers to schedule a referendum in November to gradually eliminate most property taxes.
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The requests describe the project as a public-private partnership that would include a 100,000-square-foot indoor sports complex with basketball, pickleball, tennis and volleyball courts, museum space and event facilities.
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The Legislature plans to vote on the bill on Friday, along with the $114.5 billion budget for the 2026-2027 fiscal year.
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USF leadership has promised to be transparent and said it has plans for a teach-out of current students. They have created an initial list of FAQ's should the transfer get final approval later this week.
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The House and Senate reached agreement late Sunday night on several issues, including a plan to transfer control of the USF Sarasota-Manatee campus to New College of Florida, which the House wanted but the Senate resisted until late in budget negotiations.
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The talks were part of a flurry of meetings as House and Senate leaders try to meet a Tuesday deadline to complete the budget for the fiscal year that begins July 1.
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Senate Appropriations Chair Ed Hooper said the money won't be set until local financing agreements are a "done deal," and lawmakers needs something more concrete than this week's approved MOU.
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Florida legislative leaders are negotiating next year’s state budget behind closed doors — a secretive process Gov. Ron DeSantis compared to selecting a pope.
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The organization is calling on Black athletes to boycott the athletic programs of public universities in Florida and other states to dissuade GOP-led legislatures from changing congressional maps.
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Preserving Black cemetery history, more Capitol drama, Brady list investigation, an artist's 'Realm'Thousands of Black cemeteries have been destroyed, built over or fallen into disrepair. Hear about a movement to protect them that started at USF.