Post by Logan on Jan 28, 2016 0:53:43 GMT -6
Capilouto: Bevin’s budget brings ‘significant challenges’ for University of Kentucky
Gov. Matt Bevin’s proposed two-year state budget poses “significant challenges” to the University of Kentucky, UK President Eli Capilouto said in a campus-wide email Wednesday.
Under the Republican governor’s plan, UK would have to cut $12.6 million, or 4.5 percent, from its state appropriation in the ongoing fiscal year that ends June 30. On July 1, a new cut of 9 percent would mean UK gets $25.2 million less next fiscal year than it was supposed to get this year.
“Certainly, the magnitude of reductions in the governor’s budget proposal presents significant challenges to our university,” Capilouto wrote.
It’s not yet clear what impact the cuts might have at UK or other public universities. Neither Capilouto nor other state officials would say if tuition might increase more than expected next year, although big increases have occurred at most schools during years when the state made smaller cuts.
Read more here: www.kentucky.com/news/local/education/article56891228.html
Gov. Matt Bevin’s proposed two-year state budget poses “significant challenges” to the University of Kentucky, UK President Eli Capilouto said in a campus-wide email Wednesday.
Under the Republican governor’s plan, UK would have to cut $12.6 million, or 4.5 percent, from its state appropriation in the ongoing fiscal year that ends June 30. On July 1, a new cut of 9 percent would mean UK gets $25.2 million less next fiscal year than it was supposed to get this year.
“Certainly, the magnitude of reductions in the governor’s budget proposal presents significant challenges to our university,” Capilouto wrote.
It’s not yet clear what impact the cuts might have at UK or other public universities. Neither Capilouto nor other state officials would say if tuition might increase more than expected next year, although big increases have occurred at most schools during years when the state made smaller cuts.
Read more here: www.kentucky.com/news/local/education/article56891228.html