At this time, Florida A&M (FAMU) athletics budget is still stagnant.
FAMU started its school year with hopes of functioning the athletics department with its shortage, however that was not the case.
The interim athletic director, Michael Smith told FAMU’s budget and finance committee today, March 5, that they year will end with about $1.1 million in deficit in his division.
Last year’s deficit was $2 million. Smith made the board of trustees aware that he wanted them to give some of the May budget to athletics to meet the insufficiency.
“We made a $900,000 improvement from last year.,” said Smith.
He said that he had exploited all options even stopping programs and merging programs to help with the deficit.
Though this year was stagnant, there was still some improvement and the next academic year looks hopeful for an even bigger decrease.