On Wednesday, April 25, University of Florida students, faculty, graduate assistants and staff rallied to demand UF administration spend money from the reserves instead of cutting faculty, staff and GA positions. Because the Board of Governors stated that these were one-time cuts, they could be covered using funding from UF’s reserves totaling over $1 billion
(The amount in the reserves come from this past year’s official UF audit, linked under the May 1 post, “UF: Financially Unhealthy?”)
The rally was covered in the Gainesville Sun: http://www.gainesville.com/article/20120425/ARTICLES/120429723?tc=ar
As well as WUFT
http://www.wuft.org/news/2012/04/25/protestors-call-for-uf-to-spend-reserves-before-cutting-programs-and-employees/