Florida’s budget agreement would remove a funding pool tied to the state’s “preeminent universities,” cutting tens of millions from top public institutions including the University of Florida and Florida State University. Lawmakers eliminated the prior-year $40 million allocation for the designation, with the next fiscal year slated to receive none. The package also includes governance-aligned restructuring, including a transfer of the University of South Florida Sarasota-Manatee campus to New College—amid criticism from local advocates over financial risk and continuity.