From Alan Lytle, Kentucky Public Radio/WUKY, Lexington
The University of Kentucky Board of Trustees has approved a new budget Tuesday that raises tuition by five percent and includes cuts to offset a nine-point-four million dollar shortfall.
UK Vice-President Angela Martin says the school is also eliminating 40 vacant staff jobs and 12 more that are filled.”
“We (also) have changed the fund source for 22 staff positions; they were on undesignated general funds, they’re now on income support…. We have also eliminated twenty-nine vacant faculty positions,” Martin said.
Martin says other cost-cutting moves include reductions in travel, operations and research support. The rest of the deficit will be made up by shifting funds to future budgets.
Meanwhile, U of L trustees will meet Thursday to consider a new budget.