Governor Signs FY2011 Budget

*********************************
There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
*********************************

Contact

George Ray

Government and Community Relations

george.ray@gatech.edu

Sidebar Content
No sidebar content submitted.
Summaries

Summary Sentence:

Perdue approves funding for GT capital projects and USG funding priorities.

Full Summary:

No summary paragraph submitted.

Media

Approving the final state budget of his tenure, Governor Sonny Perdue signed the state's FY2011 spending plan on Tuesday afternoon.  The $17.9 billion budget as approved includes the allocations recommended by the General Assembly for Georgia Tech's capital projects and the University System of Georgia's strategic funding priorities. 

The FY2011 budget provides for $7.3 million in bond funding for both of Georgia Tech’s requested capital projects.  The majority of that funding, $7 million, will go toward completing and equipping the Clough Undergraduate Learning Commons (CULC).  The CULC has received incremental support by the state in each of the last three fiscal years.  The remainder of the bond funding, $300,000, will go toward the design and planning for the Eco-Commons water relocation project. 

Also included in the budget were increases in funding for the entire University System.  Governor Perdue approved $113 million in new Formula Funds for enrollment growth that will be divided among USG institutions for day-to-day operations.  The budget also provides for $60 million in Major Repair and Rehabilitation funding to be divided among USG institutions.

"We are appreciative of the Governor's consistent and strong support of Georgia Tech and higher education in this state," said Dene Sheheane, Executive Director of Government and Community Relations.  "He has been a friend to the Institute throughout his tenure and understands the value of the University System to Georgia's continued growth."

The FY2011 budget will take effect on July 1, 2010. 

Additional Information

Groups

GCR (Office of Government and Community Relations)

Categories
No categories were selected.
Related Core Research Areas
No core research areas were selected.
Newsroom Topics
No newsroom topics were selected.
Keywords
Georgia Tech Office of Government and Community Relations, Governor, State Budget
Status
  • Created By: George Ray
  • Workflow Status: Published
  • Created On: Jun 9, 2010 - 4:00am
  • Last Updated: Oct 7, 2016 - 11:06pm