December 7, 2008
Florida A&M’s Chief Financial Officer Theresa Hardee offered two words of advice to trustees after summarizing the dismal financial picture facing the university — prioritize now.
Last week, Hardee gave FAMU trustees a look at how much the university will hurt financially if another round of state budget cuts is ordered. FAMU has lost $11.3 million in general revenues since July. However, Hardee said state universities could face an additional 5-percent cut — meaning a $5.3 million loss for FAMU.
For the rest of this story, click here.
