Georgia State University administrators are restructuring a small percentage of its budget to spend additional money on efforts, such as recruiting more faculty, officials said Thursday.
Each college and unit that reports to a vice president has been asked to reallocate about two percent of its budget for various campus-wide priorities, according to spokeswoman Andrea Jones. The initiatives include recruiting 21 faculty members, an ongoing $300 million fundraising campaign, the creation of a free-standing College of the Arts and to grow its School of Public Health undergraduate studies program.
Georgia State has done a reallocation in each fiscal year since 2014, Jones said.
Jones stressed Georgia State is on solid financial footing. Its current fiscal year budget is slightly over $1 billion, state records show.
Georgia State, which has more than 50,000 students, has the largest enrollment of any college or university in Georgia. The university has constructed or purchased many buildings in recent years, including the former Turner Field, to accommodate for the growth.