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Jacksonville University President Tim Cost to leave top slot, but remain as Chancellor

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Jacksonville University President Tim Cost will step down from the top slot at the private college on the First Coast next year, but will remain heavily involved in the institution.

JU announced that Cost has agreed to leave the presidency and become Chancellor of the school in the Summer. Cost took over as President of JU 14 years ago

An alum who was a JU Dolphin baseball player and standout pitcher when he attended the school more than four decades ago, Cost left an executive position with PepsiCo and took the helm at the campus on the banks of the St. Johns River in Northeast Florida.

“President Cost’s exemplary leadership over the past 14 years has transformed our university in remarkable ways,” said Jacksonville University Board of Trustees Chair John Miller.

“Under his guidance, we’ve enjoyed growth in undergraduate and graduate enrollment, developed countless strategic partnerships in and outside of our community, and elevated our profile both in the region and beyond. The Board is grateful for his extraordinary commitment as President and his dedication to students, and we are confident he will help further advance our mission and expand our impact as Chancellor.”

A JU news release said Cost had reached an agreement with the Board of Trustees in 2022 that stated he would transition into the Chancellor role and largely focus on fundraising, alumni, community and government relations when he left the presidency.

But despite that agreement, Cost and JU ran into financial difficulties in the Spring. The university was forced to make a 10% faculty cut and eliminate several academic programs as Cost and the school engaged in financial restructuring.

The financial developments and hits to faculty and curriculum sparked student protests on the campus that has about 4,000 students. Many faculty members also expressed heavy criticism. Still, the Board of Trustees stood behind Cost and agreed with his proposals to right the financial ship.

The university plans an extensive search process before selecting the next President of the 91-year-old school.

“It has been a privilege and an honor to serve as President,” Cost said. “This is a unique, thriving campus with vibrant students and faculty, and we are proud to have been of service to this great community. The senior executive talent here is deep and ready, and the time is right to transition to Chancellor.”



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SBA urges Florida businesses and nonprofits hit by April drought to apply for loan assistance

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Small businesses and private nonprofit organizations impacted by Florida’s seasonal drought in April are being urged to apply for low-interest federal disaster loans to help deal with losses.

The U.S. Small Business Administration (SBA) has set Jan. 5 as the deadline for the drought relief applications. The drought was so severe in April that there was a federal disaster declaration in more than a dozen Florida counties, including, Alachua, Brevard, Flagler, Hernando, Lake, Levy, Marion, Orange, Osceola, Pasco, Polk, Putnam, Seminole, Sumter and Volusia.

The Florida Climate Center at Florida State University found that 17% of the state was in “extreme drought” in April. Another 30% of the state was in “severe drought” at the time.

“Many locations in the Peninsula saw one of their top 5 driest Aprils on record, including Gainesville (3rd-driest), Daytona Beach (2nd-driest), Titusville (2nd-driest), Melbourne (2nd-driest), Venice (2nd-driest), Vero Beach (4th-driest), Naples (3rd-driest), and West Palm Beach (4th-driest),” concluded the Climate Center report on April’s drought conditions.

The SBA Economic Injury Disaster Loan (EIDL) program is being made available to businesses, nonprofits, small agricultural cooperatives and nurseries that can show direct financial loss caused by that event. The SBA points out that the agency is unable to provide disaster loans to agricultural producers, farmers and ranchers, with the exception of aquaculture businesses.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, Associate Administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The EIDLs are available for working capital needs caused by the disaster. Even if there was no physical damage, some of the loans are still accessible. The loans are designed to help small-business owners pay debts, payroll, accounts payable and other debt accrued during the disaster.



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James Fishback is registered to vote in 2 states. Does that make him ineligible for Governor?

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Gubernatorial candidate James Fishback has been registered to vote in two states since around 2020. While he never cast a ballot in both states in the same year, the issue raises questions about whether the Madison Republican meets eligibility requirements for Governor.

The 30-year-old has been registered to vote in Florida since 2012. He transferred his residence from Davie in Broward County to Madison County in 2023, according to the Madison County Supervisor of Elections Office.

But the D.C. Board of Elections confirms Fishback remains an active voter in Washington, where he registered in 2020.

That could complicate Fishback’s campaign for Governor, which he launched last month. Florida’s eligibility requirements for Governor require candidates to be registered to vote in Florida and to be residents of the state for at least seven years.

Of note, state law also requires a candidate for partisan office to be a registered member of the party for 365 days before an election. While Fishback is registered as a Republican in Florida, he is registered without party affiliation in Washington.

Fishback dismissed concerns about his eligibility to run for the GOP nomination for Governor.

“I’m a fourth generation Floridian and have lived here my entire life, and meet all of the constitutional requirements to serve as Governor if the voters entrust me with this awesome responsibility,” he said in a text to Florida Politics.

But despite being a Florida native, Fishback’s residency could be called into question. Fishback owns a property in Washington on 42nd Street, and records show he claimed a homestead exemption on it.

That’s notably a different address than the Davis Place residence where he is registered to vote. That property is owned by Aydee Fishback, according to Washington records, and Florida records show Jay Fishback as a primary owner of the Washington property.

James Fishback is the primary owner of a Pinkney Street home in Madison on property he purchased in 2022, according to Madison County property records. No homestead exemption is held on that property.

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Jesse Scheckner of Florida Politics contributed to this report.



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House expands paid parental leave for employees, Daniel Perez says

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The policy expansion is retroactive through November 2024.

The House is expanding its paid parental leave policy when employees have a baby or adopt a child, House Speaker Daniel Perez announced.

The policy takes effect immediately and applies retroactively for parents who took leave from Nov. 19, 2024, onward.

Going forward, full-time salaried employees will get up to seven consecutive weeks of paid parental leave for maternity leave after childbirth.

The House will also offer mothers and fathers paid care and bonding leave for up to two weeks within one year after a child’s birth or adoption. The care and bonding leave “may be granted on an intermittent basis” and can’t be taken during the 60-day Legislative Session. It requires supervisor approval as well, Perez’s memo said.

It’s an expansion from the current policy, which Perez explained in the memo.

“As has been the policy of the House, an employee who is the father or mother of a natural born or adopted child will continue to be granted parental leave for a period not to exceed three months total,” Perez’s memo said.

“The employee may include in the request for parental leave one or all of the following types of leave: (new) paid parental leave when allowable; up to 240 hours of accrued sick leave; annual leave; compensatory leave; personal holiday; and leave without pay.”

To help retroactively, the House Office of Administration and Professional Development will be contacting employees to talk about their situations.

The majority of Americans don’t get paid time off for childbirth, according to a 2019 Kaiser Foundation study.

A few major employers in Florida are offering the benefit to new parents.

Publix, for instance, began offering full- and part-time employees paid parental leave in 2022.

“We frequently review our benefits to continually offer a comprehensive package to our associates,” Publix spokesperson Maria Brous told Florida Politics at the time the policy was unveiled.



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