House panel hears how state colleges move money to pay for capital, maintenance

February 7, 2019 | Florida Politics

If Florida lawmakers want to make sense from how the University of Central Florida was able to illegally divert operating money to construction they may not be able to draw many lessons from how the state’s college system pays for its capital projects.

During a workshop meeting Wednesday, the House Higher Education Appropriations Subcommitteefound the state’s colleges creatively and desperately moving money around from funds as a matter of necessary routine to pay for capital projects and major maintenance College officials cited restrictions on various funds and the colleges’ inability to count on the Florida Legislature to appropriate Public Education Capital Outlay money for several years running for the buildings they need fixed or built.

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