At this time, Florida A&M (FAMU)Â athletics budget is still stagnant.
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FAMU started its school year with hopes of functioning the athletics department with its shortage, however that was not the case.
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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.
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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.
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“We made a $900,000 improvement from last year.,” said Smith.
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He said that he had exploited all options even stopping programs and merging programs to help with the deficit.
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Though this year was stagnant, there was still some improvement and the next academic year looks hopeful for an even bigger decrease.