The Sky isn’t Falling

From the Orlando Sentinel:

The University of Central Florida estimated in April that 330 faculty and 190 staff jobs could be lost and 25 academic programs closed in the event of deep budget cuts. Those estimates were based on the possibility of budget cuts in the $57 million range. The Legislature wound up cutting $38 million in general state revenue and Lottery money, replacing it with about $31 million in stimulus money and higher tuition. The $7 million gap can be covered by university reserves, officials said.